If the Price of Chocolate-Covered Peanuts Increases and the Demand

question 75

Multiple Choice

If the price of chocolate-covered peanuts increases and the demand for strawberries does not change, this indicates that these two goods are:

• A) unrelated goods.
• B) inferior goods.
• C) substitute goods.
• D) complementary goods.

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Definitions:

K-Selected Species

Species that produce fewer offspring, with a focus on high parental investment and care, leading to a higher probability of those offspring surviving to adulthood.

Genetic Diversity

the range of genetic variation present in a population or species, essential for its adaptation, survival, and evolution.

Environmental Changes

Alterations to the natural environment caused by natural phenomena or human activities, impacting ecosystems and biodiversity.

Founder Effect

A genetic phenomenon that occurs when a new colony is started by a few members of the original population, leading to reduced genetic variation.