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MATCHING
Match the order of the eutherian mammal with the description
a.nails instead of claws; omnivores
d.sharp pointed canine and molar teeth; complex social interactions; smart, strong,fast
b.hoofed with even number of digits per foot; herbivores
e.nocturnal; smallest mammal
c.gnawing animals with chisel-like incisors that grow continually
-Primates
Producer Surplus
The difference between what producers are willing to sell a good for and the price they actually receive, representing profit.
Marginal Revenue
Marginal revenue is the additional income generated from the sale of one more unit of a product or service.
Profit Maximizing
The process or strategy of adjusting production and operations to achieve the highest possible profit from business activities.
Economic Efficiency
A situation where resources are allocated in a way that maximizes the production of goods and services at the lowest cost.
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