What Do Sea Squirts and Mussels Have in Common

question 26

Multiple Choice

What do sea squirts and mussels have in common?

• A) both are in the same phylum.
• B) both have incurrent and excurrent siphons.
• C) both are covered in a tunic.
• D) both reproduce asexually.
• E) both attach to the substrate using the same materials.

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Definitions:

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operation increases, leading to a reduction in average cost per unit.

Specialization

The focus of a business or individual on a limited scope of products or skills, allowing for increased efficiency and expertise.

Total Cost Curve

A graphical representation showing the total cost associated with producing varying quantities of output, illustrating economies or diseconomies of scale.

Short Run

A time frame in economics during which at least one factor of production is fixed, limiting the ability of the economy or a firm to adjust to changes.