Choose the Best Definition of the Term "Ecology

question 2

Multiple Choice

Choose the best definition of the term "ecology."

• A)Ecology is the study of animals in their habitat.
• B)Ecology is the study of plants and animals in their ecosystems.
• C)Ecology is the study of communities of organisms.
• D)Ecology is the study of interactions of organisms with each other and with their habitat.

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Definitions:

Opportunity Costs

The penalty of bypassing the next most advantageous option when a decision is made.

Small Business

A privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a medium or large company.

Risk-Free

Refers to an investment that is considered to have no risk of financial loss.

Perfectly Competitive Market

A market structure characterized by a large number of small firms, homogeneity of products, free entry and exit, and perfect information, leading to firms being price takers.