Which of the Following Scenarios Is More Likely to Cause

question 10

Multiple Choice

Which of the following scenarios is more likely to cause a flash flood than a slow-onset flood?

• A) the melting of snowpack in the spring time,coupled with rain
• B) sustained rains during a distinct wet season
• C) the failure of a stream channel's levees
• D) the sustained presence of a storm over a region

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Definitions:

Excess Profits

Profits that exceed what is considered normal or expected, often realized in favorable market conditions or through monopolistic practices.

Free Markets

An economic system in which prices are determined by unrestricted competition between privately owned businesses, without government intervention.

Efficiency

The optimal allocation of resources to produce the maximum amount of goods and services, with the least waste of resources.

Pareto Optimality

Pareto Optimality is a state of allocation of resources in which it is impossible to make any one individual better off without making at least one individual worse off.