If a Firm Is Operating in the Long Run the Firm

question 36

Multiple Choice

If a firm is operating in the long run the firm is flexible in the following:

• A)altering all inputs.
• B)building a new production facility.
• C)modifying an existing facility.
• D)all of the above

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Definitions:

In Situ Conservation

The conservation of genetic resources in natural populations of plant or animal species, such as the conservation of forest genetic resources in natural populations of tree species.

Ex Situ Conservation

The practice of preserving endangered species by removing part of the population from its natural habitat and maintaining it in controlled conditions.

Biodiversity Hotspot

A region with a high level of endemic species that is under significant threat from humans.

Habitat Corridors

Strips of natural habitat that connect separated populations of wildlife, facilitating movement and genetic exchange between them.