The Upper Palaeolithic Period Was from ______

question 271

Multiple Choice

The Upper Palaeolithic period was from ______.

• A) 40,000 to about 10,000 years ago
• B) 4,000 to about 1,000 years ago
• C) 60,000 to about 300,000 years ago
• D) 6,000 to about 60,000 years ago

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Definitions:

Simultaneous One-time Game

A strategic interaction in game theory where all participants make decisions at the same time without knowledge of the others' choices.

Cartel

An association of independent businesses or countries that work together to control prices and limit competition within a certain industry or commodity market.

Oligopolists

Firms or entities within an oligopoly, a market structure characterized by a small number of large firms dominating the industry, which can influence prices and market outcomes.

Kinked-demand Model

An economic theory that predicts prices in certain competitive markets will remain stable despite economic pressures that would normally cause prices to fluctuate.