Essential Elements of Darwin's Theory of Evolution by Natural Selection

question 6

Multiple Choice

Essential elements of Darwin's theory of evolution by natural selection include:

• A)individuals within a population vary
• B)while organisms are able to reproduce rapidly,resource growth is limited
• C)individuals with favorable variations will be more likely to survive and reproduce
• D)all of the above

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Definitions:

Average Total Cost

The total cost of production divided by the total quantity produced, representing the per-unit cost of production.

Long-Run Equilibrium

A state in which all factors of production and economic variables are in balance, with no external pressures forcing change.

Demand Decreases

A situation where the quantity of a product or service that consumers are willing to buy at a given price drops, often due to changes in preferences, income, or substitutes.

Industry Exit

The process or act of businesses leaving a particular market or industry, often due to unfavorable conditions or better opportunities elsewhere.