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When the Size of the Market Increases, the Relationship Between

question 98

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When the size of the market increases, the relationship between the number of firms in the market and the average total cost shifts upward.


Definitions:

Net Primary Productivity

The rate at which plants and other photosynthetic organisms produce organic compounds in an ecosystem beyond what they use for respiration.

Human Overharvesting

The excessive harvesting of natural resources which leads to the depletion of those resources and a loss of biodiversity.

Top of Ocean Food Chains

Predators that occupy the highest trophic levels in marine ecosystems, controlling the population and health of the ecosystem indirectly.

Predators

Animals that hunt, kill, and consume other organisms for food.

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