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Erwin and Scott used an insecticidal fog to knock down insects from the top of a L. seemannii tree. The researchers identified over 900 species of beetles among the individuals that fell. Erwin also projected that this entire tree is host to about 600 specialist arthropods. There are approximately 50,000 species of tropical trees. Although it could not be entirely accurate, what would be the best way to estimate the total number of arthropod species?
Elasticity
A measure of how much the quantity demanded or supplied of a good changes in response to a change in price or other economic variable.
Buyer
A person or entity that purchases goods or services from another in exchange for money.
Tax
A non-optional financial assessment or alternate form of contribution demanded from a taxpayer by a governmental administration for the purpose of allocating funds for government usage and various public expenditure needs.
Market Period
A very short period of time in which the supply of a good is fixed, typically because the time frame is too short to alter production.
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