You Have Just Purchased a Car for $20,000 and Learned

question 20

Multiple Choice

You have just purchased a car for $20,000 and learned that you have failed the driving test.Your brother offered to purchase the car from you for $19,000 and you have accepted the offer.The $1,000 loss represents

• A) the marginal cost of the car.
• B) the sunk cost of a bad decision.
• C) the average cost of the car.
• D) the marginal benefit of getting rid of the car.
• E) the benefit of the car.

Understand the role and necessity of catalysts in the origin of life.

Interpret scientific evidence supporting the existence of ancient life forms.

Describe the structure and function of cell membranes.

Evaluate the RNA world hypothesis and its implications for the origin of life.