Refer to the Table

question 42

Multiple Choice

Refer to the table.
The table shows six species of bacteria with their population growth rates (per day) and competitive interaction strengths. Given the data, which assemblage of species would most likely fit the assumptions of the lottery model?

• A) A, B, and C
• B) A, C, and D
• C) B, C, and D
• D) C, D, and E

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Definitions:

Equilibrium

A state in a market where supply equals demand, with the selling price of goods remaining constant as long as other variables remain unchanged.

Price Floor

A government-imposed minimum price below which a certain good cannot be sold.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or commodity, often aimed at protecting consumers.

Shortage

A situation where the demand for a product or service exceeds the supply available at a given price.