A Friend Asks You for a Definition of Endemic Because

question 40

Multiple Choice

A friend asks you for a definition of endemic because she is writing a history paper and this word keeps occurring in the literature in reference to bison on the Great Plains of the United States.Your response is that the word endemic means

• A)a species that has gone extinct since humans have evolved on Earth.
• B)a species that exists in many habitats on Earth.
• C)a species that has coevolved with humans on Earth.
• D)a species that lives in only one area of Earth.

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Definitions:

Quantity of Labor Supplied

The total hours that workers are willing and able to work at a given wage rate, in a given period.

Wages

Compensation given to workers for their work or efforts, usually determined based on the hours worked, per day, or per task completed.

Excise Tax

A tax levied on certain goods and commodities produced or sold within a country and on licenses granted for certain activities.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing to offer for sale at each price level.