Which of the Following Is a Correct Statement About the MacArthur/Wilson

question 33

Multiple Choice

Which of the following is a correct statement about the MacArthur/Wilson Island Equilibrium Model?

• A)The more species that inhabit an island, the lower the extinction rate.
• B)As the number of species on an island increases, the emigration rate decreases.
• C)Competitive exclusion is less likely on an island that has large numbers of species.
• D)Small islands receive few new immigrant species.
• E)Islands closer to the mainland have higher extinction rates.

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Definitions:

Variable Costing

An accounting method that only considers variable costs (costs that fluctuate with production levels) in the calculation of product cost.

Absorption Costing

A costing approach that encompasses all costs associated with production, including direct materials, direct labor, and all overhead costs, both variable and fixed, in the unit cost of a product.

Ending Inventory

The total value of all unsold goods a company has at the end of an accounting period.

Gross Margin

The difference between sales revenue and the cost of goods sold, indicating the basic profitability of the products or services sold.