Which of the Following Most Accurately Describes the Current Status

question 49

Multiple Choice

Which of the following most accurately describes the current status of volcano forecasting?

• A)Currently,volcanic forecasting is not feasible due to high costs associated with the necessary equipment.
• B)Reliable indications usually precede volcanic eruptions.
• C)Scientists have hypothesized that early warning systems are possible,but none have been developed yet.
• D)It is primarily the private sector interested in volcano forecasting,with governments doing little in this regard.
• E)Forecasting volcanoes is not possible given the abrupt nature of explosions.

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Definitions:

Quantity Demanded

The sum total of a good or service consumers are ready and able to buy at a certain price point.

Movement Along

Describes the change in quantity demanded or supplied of a good in response to a change in price, as shown on a graph.

Demand Curve

Graphical representation showing how the quantity demanded of a commodity varies with changes in its price.

Inferior Good

A type of good for which demand decreases when consumer income rises, unlike normal goods where demand increases with rising income.