Which of the Following Four Statements About Migration Is NOT

question 6

Multiple Choice

Which of the following four statements about migration is NOT True?

• A) Migration can be voluntary or involuntary.
• B) Movement into a territory is called immigration.
• C) Movement out of a territory is called emigration.
• D) Migration has little or no effect on population size.

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Definitions:

Zero Economic Profits

Occurs when a firm earns just enough revenue to cover its total costs, including opportunity costs, but no more.

Efficiently

Performing or functioning in the best possible manner with the least waste of time and effort.

Economies of Scale

The cost advantage achieved by businesses when production becomes efficient, as the scale of operation increases leading to a reduction in average costs.

Positive Economic Profits

Earnings that exceed the total costs, including both the explicit and implicit costs of a business.