Explain Why Using Intensity Alone as a Measurement of Seismic

question 36

Essay

Explain why using intensity alone as a measurement of seismic power can pose problems for truly understanding the energy released by the earthquake.

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Definitions:

Maximize Profits

The goal of increasing the difference between revenue and expenses to the highest possible level.

Minimize Losses

a strategy or approach aimed at reducing the amount of financial or production losses to the lowest possible level.

Losses

Negative financial outcomes resulting from the cost of operations exceeding revenue or from other financial transactions.

Shut Down

A short-run decision by a firm to cease production due to unfavorable market conditions, not covering variable costs.