Marine Environments Are Most Diverse in _____ Environments and Most

question 14

Multiple Choice

Marine environments are most diverse in _____ environments and most productive in _____ environments.

• A) tropical; tropical
• B) tropical; temperate
• C) temperate; tropical
• D) temperate; temperate

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Definitions:

Cartels

Agreements among competing firms in an industry to control prices, limit production, or divide markets, with the goal of maximizing collective profits.

Herfindahl-Hirschman Index

A measure of concentration calculated as the sum of the squares of the market share of each firm in an industry.

Largest Firm

The organization within a particular industry or market that has the highest revenue, market share, or workforce size.

Market Share

The percentage of an industry's total sales that is earned by a particular company over a specified time period.