Which of the Following Statements Disproves the Myth That American

question 28

Multiple Choice

Which of the following statements disproves the myth that American Indians were the first environmentalists?

• A)They always exploited their environment before the Europeans got into the act.
• B)They worked hard to protect those resources in large supply and took a wasteful approach toward those that they believed to be in short supply.
• C)They caused an increase in the carrying capacity of their ecosystem for a prolonged period of time.
• D)They sometimes slaughtered buffalos,eating the best meat and taking the hides but leaving the rest to decompose.

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Definitions:

Profits

The financial gains attained when the revenues from business activities exceed the expenses, costs, and taxes needed to sustain them.

Lowering Price

The act of reducing the cost at which goods or services are sold, often to attract more customers or match competitors' offers.

Pure Monopolist

A single seller in a market with no close substitutes for the product, giving the seller complete control over price.

Maximize Profit

The process by which a company determines the optimal output and pricing to achieve the highest possible financial gain.