Detailed Solution:
The correct answer is “Both 1 and 2”.
An ecological niche refers to the specific role or function of a species within an ecosystem, including the range of conditions it can tolerate (abiotic factors), the resources it utilizes (like food and habitat), and its interactions with other species.
Each species has a distinct niche, which helps to minimize competition with other species by occupying a unique space and fulfilling a specific role within the ecosystem.