Which of the Following Statements Is a True Effect of Declining

question 2

Multiple Choice

Which of the following statements is a true effect of declining biodiversity?

• A)The Earth's biodiversity plays a major role in feeding the world's people.
• B)Medical and pharmaceutical researchers will be able to bank DNA from extinct species.
• C)Fewer species mean fewer animals exhaling CO₂, thus preventing global warming.
• D)We must improve conditions for endangered animals so that they can breed in captivity, otherwise we will lose part of the beauty and complexity of our natural environment.

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Definitions:

Labor Demand Schedule

A table or graph showing the quantity of labor that employers are willing to hire at different wage rates.

Profit-maximizing Combination

The selection of production inputs, price, and output levels that allow a firm to achieve the maximum possible profit.

Production Costs

The overall expenses associated with manufacturing goods or providing services, including labor, materials, and overhead.

Elasticity of Resource Demand

The responsiveness of the quantity demanded of a resource to a change in its price.