A Heron, a Large Wading Bird, Is Hunting in a Pond

question 30

Multiple Choice

A heron, a large wading bird, is hunting in a pond that contains three types of prey: fish, frogs, and snakes. All three types of prey are abundant and provide the same amount of energy to the heron. The heron has the highest handling time capturing fish, an intermediate handling time capturing snakes, and the lowest handling time capturing frogs. What prey item would foraging theory predict that the heron should catch most frequently?

• A) fish
• B) snakes
• C) frogs
• D) fish and frogs equally frequently

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Definitions:

Reversal Patterns

Technical analysis term referring to signals indicating a potential change in a security's price direction.

Semistrong Form

A form of market efficiency that implies that all publicly available information is already reflected in stock prices, including historical data and public news.

Current Stock Price

This refers to the present value at which a stock is traded on the market.

Weak Form

In finance, a theory suggesting that asset prices fully reflect all information contained in past trading data, meaning past prices and volumes cannot predict future prices.