What Phenomenon Results from the Runoff of Fertilizers from Agricultural

question 34

Multiple Choice

What phenomenon results from the runoff of fertilizers from agricultural and residential areas causing the aquatic algae in bodies of water to grow prolifically?

• A) competitive exclusion
• B) habitat fragmentation
• C) eutrophication
• D) overexploitation

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Definitions:

Economic Profits

The surplus left after a firm has paid all its costs, including both explicit costs like wages and rent and implicit costs like the opportunity costs of capital.

Monopolistic Competitor

Refers to a market structure where many companies sell products that are similar but not identical, allowing them some power to set prices.

Profit

Profit is the financial gain realized when the amount earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Product Promotion

Various marketing strategies and tactics used to increase awareness, interest, and sales of a product.