All of the following are characteristics of a perfectly competitive market except which one?
A) perfect information
B) no barriers to entry
C) transaction costs
D) homogeneous goods
C) transaction costs
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Species that occupy mutually exclusive geographical areas are called:
A. allopatric species B. ecological species C. sympatric species D. hybrid species
Exploring the possible ways to make a projectile point is an example of _________, while observing the way a living group of people make projectile points is an example of _________
a. experimental archaeology; ethnoarchaeology b. middle-level research; general theory c. ethnoarchaeology; experimental archaeology d. general theory; middle level research e. ethnoarchaeology; general theory
A florist paid $1,200 for 500 glass vases. The florist has used 300 of the glass vases and is holding the remaining 200 vases in inventory. The current market price for the 200 pieces of hardware is $600. What is the sunk cost of purchasing the vases?
A) $600 B) $1,200 C) $300 D) $200
Speciation may occur if one subgroup of a species finds itself in a radically different environment
Indicate whether the statement is true or false