An Increase in the Price a Firm Receives for Its

question 122

Multiple Choice

An increase in the price a firm receives for its output will lead the firm to:

• A)expand output.
• B)leave output unchanged and earn greater profits.
• C)leave output unchanged and earn smaller losses.
• D)reduce output.

Recognize various ecological effects such as the edge effect and the role of dominant and keystone species in ecosystems.

Understand adaptations in species for defense against predators and the significance of coloration.

Describe the relationship between species richness and community stability and the role of research in elucidating this relationship.

Understand the concept of ecological niches and the restrictions that can be imposed on species within those niches.

---

Definitions:

Liable

Being legally responsible or obligated to face the consequences of one's actions, typically in a civil lawsuit.

Res Ipsa Loquitur

A legal doctrine that infers negligence from the very nature of an accident or injury, in the absence of direct evidence of the defendant's fault.

Defendant

An individual, corporation, or entity being sued or accused in a court of law.

Negligence Action

A lawsuit alleging that a party's failure to act with reasonable care resulted in damage or injury to another.