K-Selection

question 15

Multiple Choice

K-selection

• A) emphasizes the number of offspring over their quality.
• B) emphasizes the quality of offspring over their quality.
• C) occurs when competition is low.
• D) leads to semelparity.
• E) none of the above

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Definitions:

Fixed Costs

Expenses that do not change in total regardless of the level of production or sales activity.

Variable Costs

Expenses that vary directly with changes in production or sales volumes, such as raw materials and direct labor costs.

Production Increases

A rise in the amount of goods and services produced over a given period of time by a business or economy.

High-low Method

A technique used in accounting and finance to estimate the variable and fixed components of a company's costs based on the highest and lowest levels of activity.