Disturbances Can Alter a Community's Stable Environmental Conditions, Also Called

question 22

Multiple Choice

Disturbances can alter a community's stable environmental conditions, also called its

• A) frequency.
• B) intensity.
• C) heterogeneity.
• D) equilibrium.
• E) niche space.

---

Definitions:

Market Price

The current price at which an asset or service can be bought or sold.

Monopolistic Competitor

A firm operating in a monopolistic competition market, selling a product that is differentiated from those of competitors.

Economic Profit

The difference between total revenue and total costs, including both explicit and implicit costs, indicating the financial gain that exceeds opportunity costs.

Perfect Competitor

A firm in a perfectly competitive market, having no control over market price and where goods offered are perfect substitutes.