The Intrinsic Rate of Increase Is ____ for Bacteria, Protists

question 2

Multiple Choice

The intrinsic rate of increase is ____ for bacteria, protists, and animals with short generation times and ____ for those with long generation time.

• A) high; low
• B) high; constant
• C) low; high
• D) low; constant
• E) constant; low

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Definitions:

Marginal Benefit

The additional satisfaction or utility gained from receiving or consuming one more unit of a good or service.

Marginal Cost

The cost of producing one additional unit of a product or service, a key concept in economic theory for decision-making and pricing.

Monopolists

Entities that are the sole providers of a product or service in a market, allowing them to control prices and output levels.

Profit-Maximizing Output

The production level at which a business attains its greatest possible earnings.