Place the Following in Correct Order from Least to Most

question 11

Multiple Choice

Place the following in correct order from least to most closely related to modern humans: (1) orangutans,(2) monkeys,(3) Homo erectus,(4) Australopithecus afarensis.

• A)1, 2, 3, 4
• B)4, 3, 2, 1
• C)2, 1, 3, 4
• D)2, 1, 4, 3

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Definitions:

Expanding Plant

The process of increasing the size or capacity of a manufacturing or production facility.

Product Price

The financial outlay necessary to acquire a certain item or service.

Competitive Firm

A business that operates in a market where it has multiple competitors, and no single firm can influence the market price of goods or services.

Short Run

A time period in economics where at least one input is fixed, restricting the ability to adjust production levels fully.