You Find Endospores of a Particular Species

question 9

Multiple Choice

You find endospores of a particular species. Which of the following is most likely TRUE of this species?

• A) It is an archaean.
• B) It is a gram positive bacterium.
• C) It is a gram negative bacterium.
• D) It is equally likely to be an archaean, a gram positive bacterium, or a gram negative bacterium.

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Definitions:

Output

refers to the total amount of goods or services produced by a firm, industry, or economy within a certain period.

Profit-Maximizing Rule

A principle stating that profit maximization occurs when a firm expands output until marginal cost is equal to marginal revenue.

MR = MC

The condition for profit maximization in economic theory, where marginal revenue (MR) equals marginal cost (MC).

Economic Profit

The discrepancy across total turnover and total spendings, including expenses both explicit and implicit.