The following is not true of the punctuated equilibrium theory is āIt suggests that subgroups diverge and evolve at about equal and constant rates.ā The answer is letter B. the statements āIt was inspired in part by patterns observed in the fossil recordā, āIt suggests that most species undergo little phenotypic change during most of their evolutionary durationā, āIt proposes that most evolutionary change is concentrated in relatively brief episodes of changeā and āIt appears to be well supported by the fossil recordā best supports the punctuated equilibrium theory.