Which of the Following Example Emphasizes the Importance of Species

question 57

Multiple Choice

Which of the following example emphasizes the importance of species composition?

• A) Knowing that there are seven tree species in a particular forest
• B) Determining that a particular forest is dominated by one or two species
• C) Understanding the influence of the loss of a species of trees on a particular forest
• D) Measuring the total abundance of all tree species in a forest

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Definitions:

Utility Schedule

A representation that shows various quantities of a commodity or service and the utility or satisfaction derived from each.

Marginal Utility

The augmented satisfaction or value derived from the consumption of one extra unit of a product or service.

Total Utility

Measures the total satisfaction or benefit that a person derives from consuming a certain quantity of a good or service.

Utility Schedule

A table showing the different levels of utility or satisfaction derived from consuming varying amounts of a good or service.