Species Refers to Which of the Following

question 52

Multiple Choice

Species refers to which of the following?

• A) A group of organisms able to produce fertile offspring among themselves but not with any other group
• B) A physically distinguishable population
• C) Any physical or chemical trait that can be observed or measured
• D) Groups that have adapted to different physical environments
• E) A structured system of organization in which members of a group live

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Definitions:

Marginal Social Benefits

The incremental benefit the public receives from consuming an additional unit of a good or service.

Marginal Private Benefits

The additional benefits received by an individual or firm from consuming or producing one extra unit of a good, not considering external effects.

Government Intervention

Actions taken by the government to influence or regulate various activities and outcomes in the economy, such as setting taxes, subsidies, regulations, and price controls.

Marginal Private Benefit

The surplus value that consumers or producers get from buying or making an extra unit of a good or service.