Matching Questions Match Each Concept with Its Definition

question 5

Multiple Choice

Matching Questions
match each concept with its definition:
-analogy

• A)similarities in evolutionary history resulting from similar selective pressures in similar ecological niches
• B)similarity in function
• C)evolution of two taxa from a common ancestry
• D)evolution of superficially similar features in diverse taxa

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance, providing a basis for budgeting and financial planning.

Diseconomies of Scale

The phenomenon where production costs per unit increase as a firm's output increases, usually due to inefficiencies that arise with large-scale production.

Production Volume

The quantity of products that a manufacturing system can produce over a specific period of time.

Total Cost

The complete cost of production or operation, including fixed and variable costs, associated with a business activity or process.