Carrying Capacity Is

question 67

Multiple Choice

Carrying capacity is

• A) seldom reached by marine producers and consumers because of the vast resources of the ocean.
• B) the maximum population size that a particular environment can support.
• C) fixed for most species over most of their range most of the time.
• D) determined by density and dispersion data.
• E) the term used to describe the stress a population undergoes due to limited resources.

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Definitions:

Relatively Elastic

Describes a situation where the quantity demanded or supplied changes significantly in response to a change in price.

Unit Elastic

A demand or supply situation where a percentage change in price leads to an equal percentage change in the quantity demanded or supplied.

Market Period

A very short time frame in which the supply of a good is completely inelastic, meaning that the quantity cannot be changed in response to a change in price.

Perfectly Inelastic

A situation where quantity demanded or supplied does not change in response to any price change.