Resilience Is the Ability of an Ecosystem to Recover from a Disturbance

question 9

True/False

Resilience is the ability of an ecosystem to recover from a disturbance.

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Definitions:

Economic Profits

Earnings that exceed the opportunity costs of all resources used by a firm, often considered as profits above normal profits.

Free Entry

A market condition where firms can freely enter or exit the industry without facing significant barriers.

Competitive Markets

Competitive markets are characterized by many buyers and sellers, allowing for free and open competition which dictates prices and quality of goods and services.

Economies Of Scale

The property whereby long-run average total cost falls as the quantity of output increases.