Birds Are Less Likely to Eat Brown-Coloured Moths Than Tan-Coloured

question 189

Multiple Choice

Birds are less likely to eat brown-coloured moths than tan-coloured moths sitting on the trunk of a brown tree trunk because of the

• A) principle of simplicity.
• B) principle of law of similarity.
• C) figure-ground relationship
• D) principle of continuity.

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Definitions:

Risk Aversion

The tendency to prefer certainty over uncertainty, avoiding risk in decision-making or preferring safer investments.

Insurance

A means of protection from financial loss, characterized by the transfer of risk from one entity to another in exchange for payment.

Consumer

An individual or group who purchases goods and services for personal use.

Expected Utility

A theory in economics that calculates the anticipated utility resulting from different outcomes in risky or uncertain situations.