The Characteristic Possessed by Our Ancestors That Enabled Them to Survive

question 35

Multiple Choice

The characteristic possessed by our ancestors that enabled them to survive the dislocations wrought by the shrinking forest habitat at the end of the Miocene was their ability to:

• A) brachiate
• B) outthink their ape cousins
• C) outfight their ape cousins
• D) walk on two feet

Describe the implications of changes in variable and fixed costs on total production cost.

Understand the significance of marginal product in production decisions and its impact on costs.

Explain the relationship between average variable cost, average total cost, and marginal cost.

Understand the relationship between average total cost (ATC), marginal cost (MC), and the production function.

---

Definitions:

Doctors

Licensed professionals who diagnose and treat physical and mental health conditions, often holding a degree in medicine.

Siblings

Brothers or sisters, including full, half, step, or adopted, who share at least one common parent.

Never Married

Describes individuals who have never entered into a legal marriage agreement throughout their lifetime.

Without Children

Describing individuals or couples that do not have children, either by choice or circumstance.