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Which Principle States That Fossil Assemblages Succeed One Another Through

question 53

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Which principle states that fossil assemblages succeed one another through time in a regular and predictable order?


Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or investment.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Market Value

The existing market price for buying or selling an asset or service.

Accounting Profit

Net income as reported on the financial statements, which includes revenue minus expenses, excluding the cost of capital.

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