The Approach Used by Indigenous Peoples to Develop Knowledge Is

question 71

Multiple Choice

The approach used by Indigenous peoples to develop knowledge is referred to as ________.

• A) Indigenous knowledge
• B) non-Western knowledge
• C) oral knowledge
• D) traditional ecological knowledge

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Definitions:

Fixed Costs

Costs that do not change with the level of output produced, such as rent, salaries, and loan payments.

Variable Costs

are costs that vary in proportion to the level of production or sales volume, such as raw materials and direct labor costs.

Output

Output usually refers to the total amount of goods and services produced by a company, industry, or economy within a specific period.

Total Revenue

The full amount of income generated by the sale of goods or services by a company before any costs or expenses are subtracted.