Intertemporal Substitution Means That a Person or a Business Is

question 171

True/False

Intertemporal substitution means that a person or a business is least likely to work hard when working hard brings the greatest return.

---

Definitions:

Environmental Isolation

The separation of population groups by physical barriers or distances, leading to genetic divergence and potentially speciation.

Biological Isolation

The separation of populations of the same species or different species that prevents genetic exchange, often leading to speciation.

Temporal Isolation

A mechanism that prevents species from mating because they breed at different times, contributing to reproductive isolation and speciation.

Overlap

The extent to which two or more things cover part of the same area, share common elements, or occur at the same time.