Which Component of a Simple Aquatic Food Chain Would Have

question 37

Multiple Choice

Which component of a simple aquatic food chain would have incurred the highest concentration of DDT several months after the occurrence of a DDT spill? 

• A) birds that feed on large fish 
• B) large fish 
• C) phytoplankton 
• D) minnows

Describe the evolution and adaptation of businesses from traditional to digital platforms.

Grasp the significance of mobile commerce and its impact on daily activities.

Explain the role of social media in e-commerce.

Distinguish between various business models used by online platforms.

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Definitions:

Average Cost Method

Uses the weighted average unit cost of the goods available for sale for both cost of goods sold and ending inventory.

Cost of Goods Sold

Direct expenditures involved in producing the merchandise a business sells.

FIFO Cost Flow

An inventory valuation method where the first items purchased are the first ones to be sold, assuming costs rise over time.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated by adding purchases to the beginning inventory and subtracting the cost of goods sold.