It Is Difficult to Estimate Current Rates of Extinction Because

question 59

Multiple Choice

It is difficult to estimate current rates of extinction because:

• A)many "extinct" species may still be represented by isolated populations.
• B)extinction is very rare.
• C)new species are evolving as fast as species are becoming extinct.
• D)the number of species is unknown; many remain undescribed to science.
• E)most species in danger of extinction are microscopic.

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Definitions:

Market Supply Curve

The market supply curve graphically represents the relationship between the total quantity of a good that producers are willing to supply and the price of the good.

Market Wage Rate

The prevailing pay rate for work of a similar nature in a specific industry or geographic area.

Product Market

A marketplace where final goods or services are offered to consumers, businesses, and the public sector.

Monopsonist

A monopsonist is a market condition where there is only one buyer for a product or service, giving them significant power over prices.