The Atmosphere and Seas of the Early Earth Lacked Oxygen

question 38

Multiple Choice

The atmosphere and seas of the early Earth lacked oxygen.What kind of organisms could NOT have lived under those conditions?

• A)obligate aerobes
• B)obligate anaerobes
• C)facultative anaerobes
• D)chemoautotrophs
• E)cyanobacteria

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Definitions:

Long Run

A period in which all factors of production and costs are variable, allowing for adjustments in production to meet changes in the market or economy.

Price-taker Market

A market condition where individual buyers or sellers have no power to influence the price of the good or service, typically in a perfectly competitive market.

Average Total Cost

The total cost of production divided by the quantity produced, encompassing both fixed and variable costs.

Elasticity of Supply

A measure of how much the quantity supplied of a good responds to a change in the price of that good.