Which Classification Level Would Be the Least Inclusive

question 26

Multiple Choice

Which classification level would be the least inclusive?

• A) genus
• B) family
• C) phylum
• D) order
• E) class

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Definitions:

Price Taker

An entity in a market that must accept prevailing prices and lacks the power to influence them due to its small market share.

Identical Products

Goods that are exactly the same in every feature and aspect, making them perfectly substitutable for one another.

Price-Taker Markets

Markets in which individual buyers and sellers have no control over the prices at which they buy or sell goods, typically because the market is highly competitive and goods are standardized.

Dynamic Process

A system or sequence of actions characterized by continuous change, activity, or progress over time.