The Actual Conditions Under Which an Organism Exists in Nature

question 40

Multiple Choice

The actual conditions under which an organism exists in nature constitute its

• A)habitat.
• B)realized niche.
• C)fundamental niche.
• D)resource partition.

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Definitions:

Dominant Strategy

A strategy that yields the best outcome for a player, regardless of the strategies chosen by other players in a game.

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.

Cartel

An agreement among competing firms to control prices or production in a market, often to maximize profits by minimizing competition.

Dominant Strategy

In game theory, a strategy that is best for a player regardless of what strategies other players choose.