In Such a Pond That Contains Algae and Fish, What

question 1

Multiple Choice

In such a pond that contains algae and fish, what processes are happening?

• A)Only cellular respiration is happening, carried out by both the algae and the fish
• B)Only photosynthesis is happening, carried out by the algae
• C)Both photosynthesis (carried out by the algae)and cellular respiration (carried out by the fish)are happening
• D)Both photosynthesis (carried out by the algae)and cellular respiration (carried out by both the algae and the fish)are happening

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Definitions:

Decreasing Returns To Scale

See Diseconomies of scale.

Economies Of Scope

Exist when the cost of producing two products jointly is less than the cost of producing those two products separately.

Economies Of Scope

Describes cost advantages that businesses experience when they increase the variety of goods or services they offer, utilizing shared operations or resources.

Economies Of Scope

Cost advantages that enterprises obtain due to a larger scope of operations, where producing a wider variety of goods or services results in lower average costs.