The following hypothetical example will help you test your understanding of cost
ID: 132308 • Letter: T
Question
The following hypothetical example will help you test your understanding of cost-benefit models. Imagine there is a second ant colony, established by the same species represented in the graph on the previous page. This means that its locomotion costs are similar. These ants harvest seeds from nearby plants; however, the plants surrounding each colony are slightly different. The first colony is located amongst smaller-seeded plants while the second amongst larger-seeded plants. Because each ant collects one seed per trip, ants in the second colony can collect more energy per trip. (You may assume that other differences, such as with seed density/quality and the cost of transporting seeds, are negligible and can be ignored.)Explanation / Answer
Ans-1-20 the correct option is (B) i.e. the upper right graph in which benefit is shown by solid blue line and CL by dotted purple line and CS by solid purple line.
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