Positive Economic Analysis

question 55

Multiple Choice

Positive economic analysis

• A) involves value judgments.
• B) concerns what ought to happen.
• C) addresses factual issues.
• D) is subjective.

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Definitions:

Fundamental Niche

The entire set of conditions under which an organism can survive and reproduce without the presence of competition or predators.

Competition For Food

occurs when two or more organisms or species vie for the same food resources in their habitat, which can influence the population and distribution of the species involved.

Ecological Niche

The role and position a species has in its environment, including all its interactions with the biotic and abiotic factors.

Resource Requirements

The necessary inputs and materials needed for a process, organization, or system to function properly.