What Is the Difference Between a Species' Realized Niche and Its

question 63

Multiple Choice

What is the difference between a species' realized niche and its ecological envelope?

• A) The ecological envelope is the range of conditions under which a species lives, whereas the realized niche is a prediction of the range of conditions under which a species can live.
• B) The realized niche is the range of conditions under which a species lives, whereas the ecological envelope predicts the range of conditions under which a species can live.
• C) The realized niche is the range of conditions under which a species lives, whereas the ecological envelope is a measure of the total area in which a population lives.
• D) The realized niche and the ecological envelope are essentially the same.

Comprehend the internal rate of return (IRR) and its implications for investment decisions.

Recognize the limitations and potential pitfalls of using the IRR and PI for mutually exclusive investments.

Understand the concept of the crossover rate and its relevance in comparing mutually exclusive projects.

Learn about the arbitrary cutoff numbers used in accounting rate of return (AAR) and payback methods.

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