Competition Coefficients Can Be Used to

question 18

Multiple Choice

Competition coefficients can be used to

• A) identify which limiting resource two species compete for.
• B) determine the time it takes for the competitive exclusion principle to operate.
• C) determine whether species are likely to coexist.
• D) convert between the number of individuals of one species and the number of individuals of another species.

---

Definitions:

Mixed Costs

Expenses comprising both fixed and variable components, changing in total with the level of activity but not proportionately.

Merchandising Firm

A business that purchases finished goods for resale in order to make a profit, differentiating itself from manufacturing firms and service firms.

Gross Margin

The difference between sales revenue and the cost of goods sold, expressed as a percentage of sales revenue.

Contribution Margin

The amount remaining from sales revenue after variable expenses have been deducted; a measure of profitability.