The Competitive Exclusion Principle Tells Us That ________

question 34

Multiple Choice

The competitive exclusion principle tells us that ________.

• A) no two species can occupy the same niche in the same area
• B) one species needs more resources than another
• C) two species must compete for resources
• D) None of the above

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Definitions:

Profit Equation

A mathematical formula used to calculate the difference between a company's total income and its total expenses, identifying net profit or loss.

Unit Price

The cost per unit of measure or quantity of a product, making it easier to compare costs among similar products.

Quantity Sold

The total number of units of a product or service that have been sold within a specific time period.

Perceived Benefits

The advantages or positive outcomes that consumers believe they will receive from a product or service.