Which of the Following Phrases Is Used to Describe J

question 31

Multiple Choice

Which of the following phrases is used to describe J. B. Lamarck's hypothesis of evolutionary change?

• A)inheritance of ancestral identity
• B)inheritance of acquired characteristics
• C)natural selection
• D)survival of the fittest
• E)intelligent design

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Definitions:

Price

Price is the amount of money required to purchase a good or service, determined by factors like supply, demand, and production costs.

Profit-Maximizing

A strategy or goal of a company to achieve the highest possible profits by adjusting production levels, pricing, and other operational variables.

Loss-Minimizing

A strategy aimed at reducing the impact of losses in operations, finance, or investment, usually by identifying and mitigating risk factors.

Loss

A financial situation in which expenses exceed revenues, indicating negative profitability for a business or investment.