Which of the Following Is Used by the Text Author

question 91

Multiple Choice

Which of the following is used by the text author to explain why people exhibit differences in metabolic efficiency?

• A) Metabolic efficiency is advantageous for surviving in an environment where calories are hard to obtain.
• B) Metabolic efficiency results in obesity but does not result in health disorder.
• C) The excessive accumulation of fat is a social proxy for wealth.
• D) Obesity allowed hunter-gatherers to forage for long periods of time.
• E) Genetic mutations involving metabolic efficiency are quite common.

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Definitions:

Cash Expenditures

Funds spent by a company or individual in cash form for operating activities, investments, and financing.

Explicit Costs

Direct, out-of-pocket payments made by firms for the use of inputs and resources in the production process.

Implicit Costs

Costs that represent the opportunity cost of using resources owned by the firm for its own production instead of earning income elsewhere.

Accounting Profit

The net income reported on the financial statements, calculated as total revenues minus explicit costs.