Without Looking at a Map, We Might Deduce That the Coordinates

question 18

Multiple Choice

Without looking at a map, we might deduce that the coordinates 170 W longitude, 11 S latitude are likely

• A) just west of the International Date Line and just north of the equator.
• B) just south of the equator and just east of the prime meridian.
• C) just east of the International Date Line and just south of the equator.
• D) just east of the prime meridian and just south of the equator.
• E) just south of the International Date Line and just east of the equator.

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Definitions:

Oligopoly

A market structure characterized by a few firms dominating the market, which can lead to limited competition and potentially higher prices for consumers.

Conglomerate

A large corporation composed of diverse companies or divisions in varying industries under one corporate group.

Monopoly

A market structure characterized by a single seller, selling a unique product in the market. In a monopoly market, the seller faces no competition, as he is the sole seller of goods with no close substitute.

Horizontal Merger

A merger occurring between companies in the same industry, often leading to consolidation and potentially impacting competition.