Miller's Laboratory Experiments Showed That

question 62

Multiple Choice

Miller's laboratory experiments showed that

• A) the first cell was probably made of nucleic acids.
• B) it is possible to form protocells.
• C) the primitive gases can react together to produce small organic molecules.
• D) atmospheric pressure is required for life to begin.
• E) the earth is approximately 4.5 billion years old.

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Definitions:

Opportunity Costs

The cost of forgoing the next best alternative when making a decision, representing the benefits one misses out on.

Trading Costs

Expenses associated with buying and selling securities, including broker commissions and the bid-ask spread.

Total Costs

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.

Net Present Value

A method used in capital budgeting to evaluate and compare the profitability of investments, which calculates the difference between the present value of cash inflows and outflows.