An Organism's Biotic Potential Is the Maximum Number of Offspring

question 3

Multiple Choice

An organism's biotic potential is the maximum number of offspring

• A)that it can produce.
• B)that survive to adulthood.
• C)its habitat can support.
• D)it produces at one time.
• E)it actually produces over its lifetime.

---

Definitions:

Horizontal Mergers

Mergers between companies that operate in the same industry, leading to consolidation and potentially reducing competition.

Price-Fixing

An illegal agreement among competitors to set prices at a certain level, rather than allowing them to be determined by the free market.

Legal Cartel Theory

The concept that under specific regulatory frameworks, cartels may operate legally, typically in industries subject to intense regulation for public interest.

Natural Monopolies

Industries where a single firm can supply a product or service at a lower cost than any potential competitor, often due to economies of scale.