The Maximum Rate of Natural Increase of a Population That

question 49

Multiple Choice

The maximum rate of natural increase of a population that occurs under ideal conditions is the

• A)population growth.
• B)biotic potential.
• C)environmental resistance.
• D)carrying capacity.
• E)density-independent population.

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Definitions:

Short-Run Production

The period in which at least one input or factor of production is fixed, allowing firms to adjust only certain inputs to change output levels.

Average Total Cost

The total cost of production (fixed and variable costs) divided by the total quantity of output produced.

Marginal Cost

The additional cost incurred in the production of one extra unit of a good or service.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced; these costs decline as production increases.