Which of the Following Is a True Statement About the Archaic

question 29

Multiple Choice

Which of the following is a true statement about the Archaic era?

• A)It was the era during which hunting was a primary source of sustenance for most people of Native North America.
• B)It was characterized by the establishment of sedentary existence in American prehistory.
• C)It was characterized by the creation of complex social hierarchical structures.
• D)It began when Columbus first landed in North America.
• E)It marked the end of the pre-Columbian era.

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Definitions:

Marginal Product

Marginal Product is the increase in output that results from employing one more unit of a factor of production, holding all other factors constant.

Rental Prices

The amount of money charged by a landlord to a tenant for the use of property, such as an apartment or commercial space.

Factor Market

Markets where factors of production (such as labor, capital, and natural resources) are bought and sold.

Human Capital

The competencies, understanding, and expertise held by a person or group, considered regarding their importance to a company or community.