The Study of the Full Scope of Human Diversity,past and Present,and

question 26

Multiple Choice

The study of the full scope of human diversity,past and present,and the application of that knowledge to help people understand each other define what aspect of anthropology?

• A) ethnology
• B) fieldwork
• C) holism
• D) inclusivity

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Definitions:

Diminishing Returns

A principle stating that as one input in the production process is incrementally increased, there will be a point at which the added output from each additional unit of input will start to decrease.

Diseconomies of Scale

This phenomenon occurs when a firm's production costs per unit increase as it produces more, due to inefficiencies that arise from scaling up operations.

Economic Profit

The economic result derived from subtracting a business's entire expenses, both explicit and implicit, from its total incoming funds.

Product Price

The amount of money required to purchase a good or service, determined by factors like production cost, market demand, and competition.