What Is the Zero-One Rule

question 20

Multiple Choice

What is the zero-one rule?

• A) A prediction of the optimal diet model that says that a food type is either always eaten or always rejected
• B) A prediction of the optimal patch model that says that a patch should either be completely exploited or ignored
• C) A prediction of OFT models that says that GUDs should always be zero or one
• D) An assumption of the optimal diet model that says that diminishing returns begin at one and decline to zero
• E) An assumption of OFT models that says that energy intake rate is either zero or one

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Definitions:

Dollar Votes

The concept that consumers show their preferences for products and services by how they spend their money.

Market System

An economic system where prices are determined by the interaction of supply and demand, guiding the allocation of resources and goods.

Inflation

A rise in the general level of prices in an economy; an increase in an economy’s price level.

Legal Tender

Any form of currency that by law must be accepted by creditors (lenders) for the settlement of a financial debt; a nation’s official currency is legal tender within its own borders.