Industrialization and mass production have given rise to a culture of consumption.
Answer the following statement true (T) or false (F)
True
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If a perfectly competitive firm is producing 500 units of output and the marginal revenue from producing the 500th unit of output is $3 and the marginal cost is $3.50, which of the following is true?
A) The firm is earning a profit from producing the 500th unit. B) The firm should decrease production. C) The firm should increase production. D) The firm is producing the profit-maximizing output.
Child-rearing practices reflect both cultural values and __________
a. environmental constraints b. children's workload c. the time parents have to spend with their children d. social constraints
Coastal Peru illustrates the explanatory power of Carneiro's theory of state formation caused by the interaction of environmental circumscription, warfare, and population increase
Indicate whether the statement is true or false.
The distinguishing feature of most pastoralist societies is that they:
a. never engage in warfare. b. always live in a desert. c. specialize in herding, grazing, and/or browsing animals. d. consume unusually large quantities of meat. e. produce many commercial items for the market.