Approximately How Much Basalt Forms Annually at Mid-Ocean Ridges

question 12

Multiple Choice

Approximately how much basalt forms annually at mid-ocean ridges?

• A)0.1 km³
• B)1 km³
• C)20 km³
• D)100 km³

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Definitions:

Capital-labor Ratio

The ratio of capital (equipment, buildings, etc.) to labor (workforce) in an economic analysis or production process.

Annual Output

The total production or output of a good or service in a year.

Capital-labor Ratio

The ratio of the total capital employed by a firm to the number of its labor force, indicating the amount of capital used per worker.

Production Function

Function showing the highest output that a firm can produce for every specified combination of inputs.