The Introduction of a Large Predatory Fish into a Lake

question 124

Multiple Choice

The introduction of a large predatory fish into a lake will lead to declines in the populations of smaller fish; this decrease in the smaller fish will lead to an increase in the plankton on which they feed. This phenomenon is called

• A) character displacement.
• B) keystone exchange.
• C) trophic cascade.
• D) primary succession.
• E) heterotrophic succession.

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Definitions:

Working Capital

The discrepancy between an organization's immediate assets and its short-term obligations, showcasing the business's operational productivity and liquidity over the short term.

Net Present Value (NPV)

The gap between the present value of incoming cash and the present value of outgoing cash during a given period, used in assessing the profitability of an investment.

Internal Rate of Return (IRR)

A financial metric used to estimate the profitability of potential investments, calculating the rate of return at which the net present value of costs equals the net present value of benefits.

Corporate Finance

The area of finance dealing with the sources of funding and the capital structure of corporations, as well as the actions managers take to increase the value of the firm.