Which of the Following Are Examples of Migration

question 46

Multiple Choice

Which of the following are examples of migration?

• A) Directional movement of a large number of a species from one location to another.
• B) Monarchs flying to Mexico once a year then returning to distant parts of North America later in the year.
• C) Individuals moving away from one another.
• D) Humpback whales traveling to warmer waters to give birth to calves.

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Definitions:

Moral Hazard

A situation where one party is more likely to take risks because the negative consequences of the risk will be borne by another party.

Unobservable Actions

Actions taken by parties in a contract or agreement that cannot be directly observed or monitored by others.

Adverse Selection

A situation in which sellers have information that buyers do not, or vice versa, leading to an inefficient market outcome.

Adverse Selection

A situation in economics where one party in a transaction has more or better information compared to the other party, potentially leading to an inequitable outcome.