Biodiversity ?
Correct answer: A. includes genetic species ecosystem and functional diversities
- A. includes genetic species ecosystem and functional diversities
- B. refers to diversifying earth's nonrenewable resource
- C. refers to reconstruction of tropical rainforests
- D. refers to biological effects on commercial plantation
Explanation
Biodiversity means variety at several biological levels, including genes, species, ecosystems, and functional roles. It is broader than simply conserving rainforests or diversifying nonrenewable resources.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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