Match Each Definition to the Correct Term

question 50

Multiple Choice

Match each definition to the correct term
-A lion feeds only on mammals, so it would be said to be this.

• A)Carnivore
• B)Primary consumers
• C)Ecology
• D)Producers
• E)Decomposers
• F)Carbon dioxide
• G)Omnivores
• H)Transpiration
• I)Limestone
• J)Herbivores

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Definitions:

Pareto Efficient

An economic state where resources are allocated in a way that it is impossible to make any one individual better off without making at least one individual worse off.

Public Good

A commodity or service that is provided without profit to all members of a society, either by the government or a private individual or organization.

Private Good

An economic product or service that is consumed by an individual or a specific group, characterized by its exclusivity and rivalry in consumption.

Utility Function

A mathematical representation that assigns a value to every possible choice to represent the level of satisfaction or happiness it provides the consumer.