What Is NOT a Change That Occurred as a Result

question 63

Multiple Choice

What is NOT a change that occurred as a result of the shift from hunter-gatherer to agricultural societies? 

• A) specialized occupations and long-distance trade 
• B) increased competition for resources 
• C) equal work distribution among people 
• D) growth of villages

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Definitions:

Variable Cost

Costs that change in proportion to the good or service that a business produces, such as raw materials and direct labor expenses.

Fixed Cost

Expenses that do not change with the level of production or sales over a certain period, such as rent or salaries.

Period Cost

Costs that are expensed in the period in which they are incurred, without direct link to production activity, such as selling, general, and administrative expenses.

Contribution Margin Ratio

A profitability ratio that measures the percentage of sales revenue that exceeds variable costs, indicating how much contributes to fixed costs and profit.