Which of the Following Is Not an Argument for Rapid

question 43

Multiple Choice

Which of the following is not an argument for rapid population growth following the migration of Homo sapiens out of Africa?

• A) cooking with fire
• B) economic specialization
• C) domestication of dogs
• D) improved hunting technology

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Definitions:

Peak-Load Pricing

A pricing strategy that involves charging higher prices during periods of high demand and lower prices during periods of lower demand.

Marginal Cost

The extra cost associated with producing a further unit of a product or service.

Market Output

The total quantity of a good or service produced and sold by firms in a particular market.

Intertemporal Price Discrimination

A pricing strategy where prices are varied over time for the same product to exploit differences in willingness to pay.