Suppose That You Compare the Amount of Food Needed by Four

question 16

Multiple Choice

Suppose that you compare the amount of food needed by four groups of lizards, each of which has an MR that is expected for its body size. There are 10 lizards weighing 10 g each, 5 lizards weighing 20 g each, 2 lizards weighing 50 g each, and a single 100-g lizard. Assuming equivalent digestions, similar food, and so on, which lizard group requires the most food?

• A) The 10-g lizard group
• B) The 20-g lizard group
• C) The 100-g lizard
• D) All lizard groups require the same amount of food.

---

Definitions:

Price-Discriminates

Price discrimination involves selling the same product or service at different prices to different customers, based on factors like demand, cost of serving, or market segmentation.

Producer Surplus

The difference between what producers are willing and able to supply a good for and the actual price they receive, measuring the benefit to producers from market transactions.

Deadweight Loss

The decline in economic productivity due to the failure to achieve or the impossibility of achieving equilibrium for a specific good or service.

Profit per Unit

The financial gain obtained on each unit sold, calculated by subtracting the cost per unit from the selling price per unit.