Define Size of Effect

question 95

Essay

Define size of effect.

Explain the concept and importance of resource partitioning to reduce competition.

Understand interspecific and intraspecific competition and its examples.

Identify ecological concepts demonstrated by food chains and trophic levels.

Describe the process and implications of primary and secondary succession in ecosystems.

---

Definitions:

Fair Market Price

The price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Preferred Stock

Preferred Stock represents a class of ownership in a corporation that has a higher claim on assets and earnings than common stock, often including fixed dividends.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on part of the company's profits.

Fair Market Value

The cost at which a property would be exchanged in a competitive bidding environment.