Specialization Could Lead to All Except the Following

question 77

Multiple Choice

Specialization could lead to all except the following:

• A)greater ability to adapt to a greater variety of ecological niches
• B)evolutionary dead ends
• C)speciation
• D)a and c

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Definitions:

Economic Profits

A rephrased definition of economic profit, emphasizing the gains a firm makes in excess of its total operational costs, including opportunity costs.

Monopoly

A market structure characterized by a single seller or producer supplying a unique product or service, with significant barriers to entry for potential competitors.

Price Effect

The impact on the market or consumers' purchasing behavior due to a change in the price of a good or service.

Megawatts

A unit of power equal to one million watts, often used to quantify the output of large power plants or the electricity consumption of large entities.