All of These Might Be Consequences of Earth Being Formed

question 295

Multiple Choice

All of these might be consequences of Earth being formed without its Moon EXCEPT

• A) very large tides.
• B) very strong winds.
• C) very large waves.
• D) a shorter day.

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Definitions:

Economic Rent

The extra income earned by a resource over and above its opportunity cost, often due to natural advantages or market conditions.

Inelastic Demand Curve

Represents a situation where the demand for a product changes by a smaller percentage than changes in its price, indicating consumers' insensitivity to price changes.

Perfectly Elastic

A situation where the demand or supply for a product is infinitely responsive to changes in price, shown as a horizontal line on a graph.