Which of the Following Species Would You Not Classify as an Animal

question 36

Multiple Choice

Which of the following species would you not classify as an animal?

• A)sponges
• B)horses
• C)blue whales
• D)choanoflagellates

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Definitions:

Variable Costs

Expenses that change in proportion to the activity of a business.

Profit-maximizing

A strategic objective of businesses where they aim to achieve the highest possible profit from their operations.

Pure Monopolist

A single seller in a market who has complete control over the supply of a product or service, with no close substitutes available, leading to significant market power.

Economic Inefficiency

A situation where resources are not optimally allocated, leading to waste or a loss of potential value in an economy.