According to Charles Darwin, Emotions

question 480

Multiple Choice

According to Charles Darwin, emotions:

• A) are a primitive form of thinking, or cognition, that still influence decision-making in modern humans.
• B) reflect evolutionary adaptations that help people and animals survive and reproduce.
• C) can only be experienced and expressed by humans; nonhuman animals lack the capacity to feel or express emotion.
• D) are merely instinctual responses that play no role in survival or reproduction.

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Definitions:

Zero Economic Profits

A situation in perfectly competitive markets where firms earn just enough revenue to cover their total operating costs, leaving no supernormal profit.

Positive Economic Profits

The situation in which a firm's total revenues exceed its total costs, including both explicit and implicit costs, signaling that the firm is doing better than the next best alternative.

Profit

The financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Monopolistically Competitive Firm

A company that operates in a market with many competitors, each offering products that are similar but not identical, allowing for some degree of market power.