Tidal Currents

question 22

Multiple Choice

Tidal currents

• A) move water with the ebb tide.
• B) move water with the flood tide.
• C) can be swift and dangerous.
• D) move water with the ebb and flood tides, and can be swift and dangerous.
• E) Tides do not produce currents.

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Definitions:

Demand Curve

A graphical representation of the demand schedule showing the inverse relationship between price and quantity demanded.

Oligopoly

A market structure characterized by a small number of firms that have significant control over market prices and competition.

Product Differentiation

The distinction between or among goods and services made in the minds of buyers.

Concentration Ratio

A measure used in economics to assess the degree of market concentration, often used to identify the presence of monopolies or oligopolies.