Match the Nesting Site Characteristic with the Most Closely Associated

question 2

Multiple Choice

Match the nesting site characteristic with the most closely associated bird group.
-Gulls

• A)nest close to shore
• B)protected areas on land
• C)nest away from shore

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Definitions:

ATC Curve

The average total cost curve, which plots the per-unit total cost of producing goods at different levels of output.

Opportunity Cost

Represents the benefits that are missed or foregone when choosing one option over another.

Implicit Costs

Costs that represent the opportunity costs of using resources that the firm already owns, not involving direct monetary payment.

Explicit Costs

Direct, out-of-pocket expenses incurred in conducting an activity or business operation.