Red Algae

question 33

Multiple Choice

Red algae

• A) are primarily marine organisms.
• B) are thought to have developed from green algae.
• C) contain xanthophylls as their main accessory pigments.
• D) are mostly unicellular.
• E) are all of these.

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Definitions:

Factors Of Production

Inputs into the production process (e.g., labor, capital, and materials).

Profit

The financial gain made in a transaction or operation, calculated as the difference between the revenue earned and the costs incurred.

Short Run

A time period in economic analysis during which at least one factor of production is fixed, influencing the firm's decisions on output and pricing.

Profit

The financial gain realized when the revenue generated from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.