A Single Seed Lands on One of a Group of Isolated

question 15

Multiple Choice

A single seed lands on one of a group of isolated islands. Several million years later, its descendants have evolved into a number of new species on the different islands, representing a variety of trees, shrubs, and vines. What is this an example of for that point in time?

• A) adaptive radiation
• B) punctuated equilibrium
• C) genetic drift
• D) microevolution

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Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good or service and what they actually receive.

Rent-Seeking Behavior

Activities aimed at increasing one's share of existing wealth without creating new wealth, often through manipulation of the economic environment.

Consumer Welfare

A measure of the satisfaction or benefit that consumers receive from the consumption of goods and services.

Innovation

The process of creating new products, services, or processes, which can drive economic growth and improve quality of life.