Match Each Term to Its Correct Description Below

question 2

Multiple Choice

Match each term to its correct description below.
-This biome is dominated by trees and shrubs adapted to relatively rich soil; snowy winters; and moist,warm summers.With oak,maple,hickory,beech,and elm,this biome displays good diversity.Squirrels,rabbits,deer,raccoons,beavers,bobcats,mountain lions,bears,and many amphibians and reptiles constitute the consumer community.

• A)tropical forest
• B)chaparral
• C)boreal forest
• D)tundra
• E)desert
• F)temperate deciduous forest
• G)grassland

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Definitions:

Wages

Compensation received by employees for their labor, typically quantified as per hour, day, or unit of work completed.

Winner-Take-All Markets

Markets in which a small number of sellers or creators receive a large majority of the rewards, leaving little for others.

Substitution Effect

The economic principle that as the price of a good decreases, consumers will substitute away from higher-priced goods, and vice versa.

Trade-off

A situation that involves losing one quality or aspect of something in return for gaining another quality or aspect.