On the Average, Humans Can Detect and Identify About 10,000

question 84

True/False

On the average, humans can detect and identify about 10,000 different odors.

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Definitions:

Resources

Assets, materials, and human capabilities used to produce goods and services in an economy.

Final Goods

Refers to products that have completed the manufacturing process and are purchased by consumers without further processing.

Margin

The difference between the cost of a product or service and its selling price.

Economics

The efficient allocation of the scarce means of production toward the satisfaction of human wants.