Which of the Following Is Not a Way in Which

question 19

Multiple Choice

Which of the following is not a way in which biodiversity directly helps society?

• A)Buffer against extreme events.
• B)Insurance policy against the impacts of new diseases.
• C)Aesthetic and spiritual value.
• D)Prevention of global warming.

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Definitions:

Market Price

The current price at which an asset or service can be bought or sold in the market.

Sellers

Individuals or entities that offer goods or services for sale in the market.

Aluminum Ore Reserves

Refers to the total amount of aluminum ore available for mining in a specific area or globally, which is crucial for industrial production.

Price-Taking Assumption

The assumption that individual firms or consumers do not have the power to influence market prices due to their small size relative to the market.