How Did Acheuliean Stone Tools Compare to Oldowan Tools

question 22

Multiple Choice

How did Acheuliean stone tools compare to Oldowan tools?

• A)Acheulian stone tools had a narrower range of functions.
• B)Acheulian stone tools used fewer raw materials.
• C)Acheulian tool kits were characterized by fewer tool types.
• D)Acheulian stone tools required more learning and skill to produce.

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Definitions:

Break-even EBIT

The level of earnings before interest and taxes (EBIT) at which a company neither makes a profit nor incurs a loss.

Target Capital Structure

Refers to the mix of debt, preferred stock, and common equity that a company aims to hold to fund its operations and maximize its value.

WACC

Weighted Average Cost of Capital - a calculation of a firm's cost of capital in which each category of capital is proportionately weighted.