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From bottom to top,the following sequence of rock types is observed: conglomerate consisting of cobbles,pebbles and sand silt with wood fragments in it and limestone.Based on the relationship between sediment size and energy,which of the following environments did these rocks form in?
Fixed Costs
Expenses that do not change with the level of output or sales, such as rent, salaries, and insurance premiums.
Long Run
The Long Run is a period in economics during which all factors of production and costs are variable, allowing for adjustment to changing market conditions.
Fixed Amount
A specific, unchanging quantity of something.
Diminishing Returns
An economic principle that states as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot increase proportionally.
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