Use the Following to Answer Questions

question 10

Multiple Choice

Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-The largest city of pre-Columbian America, with a population between 100,000 and 200,000; seemingly built according to a plan in the Valley of Mexico, it flourished between 300 and 600 C·E·., during which time it governed or influenced much of the surrounding region. Its name is an Aztec term meaning "city of the gods."

• A)Meroë
• B)Piye
• C)Axum
• D)Niger Valley civilization
• E)Maya civilization
• F)Teotihuacán
• G)Chavín
• H)Moche
• I)Wari and Tiwanaku
• J)Bantu expansion
• K)Chaco Phenomenon
• L)Mound Builders
• M)Cahokia
• N)Pohnpei
• O)Tonga
• P)mana and tapu
• Q)Yap

---

Definitions:

Variable Cost

Expenses that fluctuate with the level of output or business operations, contrasting with fixed costs.

Fixed Cost

Costs that do not change with the level of output produced, such as rent, salaries, and insurance premiums.

Economic Profit

The difference between total revenue and total economic costs (including both explicit and implicit costs), reflecting a firm's financial performance.

Perfectly Competitive

A market structure characterized by many buyers and sellers, no barriers to entry, and a homogeneous product.