Competitive exclusion stands for …
Select one: a. rising levels of affluence consequent to economic growth in competitive markets. b. crowding out of natural capital by a growing human economy. c. measure of compatibility between human-made and natural capital. d. all of the above
competitive exclusion is also known as Gaus's law and states that two entities that compete for limited resource will lead to unstable equilibrium because of the rising population. Any entity with higher power will tend to wipe out the other one. The law was given in the context of ecology and the entities referred to species. If the population is rising, the species will compete for the limited resource and therefore, the can't coexist.
Therefore, the correct answer is 'b. crowding out of natural capital by a growing human economy' because it implies that as the human population will grow, they will compete for limited natural resources leading tocrowding out effect. Natural resource used by one person, will leave less for the other.
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