The Fossil Known as

question 9

Multiple Choice

The fossil known as

• A)sediba is important because A.there is debate if it should be a member of Homo sapiens.
• B)it has no evidence of being bipedal, but it has a large brain.
• C)it was found with the earliest stone tools.
• D)it has anatomy similar to both australopithecines and Homo.
• E)a team of prominent paleoanthropologists found it on their first day in the field.

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Definitions:

Marginal Social Cost

The total cost to society of producing an additional unit of a good or service, including both private costs and externalities.

Society

A large group of individuals who live in the same area, share a common culture, norms, and values, and are organized in a cooperative manner.

Negative Production Externality

A situation in which the production of goods or services imposes costs on third parties not involved in the transaction, often not reflected in market prices.

Benefits To Consumers

The advantages or improvements in welfare, service, or product quality experienced by consumers.