Examlex
It makes sense that the larger the area of a region, the larger the number of species that inhabit the region.Many ecologists have modeled the species-area relation with a power function and, in particular, the number of species S of bats living in caves in central Mexico has been related to the surface area A measured in of the caves by the equation
(a) The cave called mission impossible near puebla, mexico, has suface area of
How many species of bats would expect to find in that cave? (b) If you discover that species of bats live in cave estimate the area of the cave.
Shutdown Point
The level of production and price where a firm's total revenue just covers its variable costs, below which it would cease operations.
AVC (Average Variable Cost)
The total variable cost divided by the number of units produced, indicating the variable cost per unit.
MC (Marginal Cost)
The cost incurred by producing one more unit of a product or service.
Shutdown Point
The level of production and price at which the revenue received does not cover the variable costs, making further production unprofitable.
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