If You Consider All Fifty States, the United States Spans

question 63

Multiple Choice

If you consider all fifty states, the United States spans _____ .

• A) the middle latitudes
• B) from the tropics to the Arctic
• C) from the temperate zone to the Arctic
• D) the entire range of the Northern Hemisphere
• E) from the tropics to temperate zones

---

Definitions:

Market Failure

A scenario where the free market fails to allocate resources efficiently, resulting in negative impacts on social welfare.

Pareto Optimality

The scenario in which resources are allocated in a manner that prohibits enhancing one individual's situation without negatively impacting another's.

Lost Surplus

Refers to the reduction in the combined consumer and producer surplus, often caused by inefficiencies in a market, such as taxes, tariffs, or other forms of market intervention.

Market Failure

A situation in which market forces, such as supply and demand, fail to allocate resources efficiently, often justifying government intervention.