_______________ Refers to the Number of People That Can Be

question 21

Multiple Choice

_______________ refers to the number of people that can be supported by the available resources at a given level of technology.

• A)Ecosystem
• B)Pre-adaptation
• C)Carrying capacity
• D)Culture core
• E)Cultural ecology

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Definitions:

Government Intervention

Regulatory actions taken by a government to affect or influence a specific sector of its economy, often to correct market failures or promote social welfare.

Allocative Efficiency

Refers to a market situation where resources are apportioned in the most efficient manner, allowing for the optimal combination of goods and services production to meet consumer preferences.

Consumer Surplus

The variance between the aggregate sum consumers are prepared and capable of spending for a product or service and the aggregate sum they end up paying.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive following trade.