In a recent breakthrough, researchers have discovered a way to use microeconomic theory to better understand biological and environmental systems. By combining insights from economics and other disciplines, such as ecology and evolutionary biology, scientists are now able to make better predictions and decisions on how to preserve and protect natural resources. This new approach could revolutionize our understanding of the complex interactions between humans, the environment, and other species. It could also lead to more informed and effective management of natural resources, which could ultimately benefit both ecosystems and people.

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source: Phys.org