In the Logistic Growth Curve Formula,when N Is Very Large,(K-N)/N

question 12

Multiple Choice

In the logistic growth curve formula,when N is very large,(K-N) /N is almost equal to 0,which results in

• A)the population growing as fast as it can,or r(N).
• B)the population growth slowing to zero.
• C)the population exceeding carrying capacity; more are dying due to starvation than are born.
• D)the population going extinct.
• E)You can't tell without knowing the value of r (rate of reproduction).

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Definitions:

Total Output

The total value of goods and services produced by an economy over a specific period of time.

Total-Cost Curve

A graphical representation showing the total cost of producing varying quantities of output.

Economic Profit

The surplus gained from undertaking an activity after accounting for both explicit and implicit costs, differing from accounting profit.

Accounting Profit

The financial gain calculated by subtracting total explicit costs from total revenue, reflecting the company's bookkeeping earnings.