The Richter Scale Measures Which Characteristic of Earthquakes

question 31

Multiple Choice

The Richter scale measures which characteristic of earthquakes?

• A) Preliminary magnitude from seismographic trace.
• B) Observed destructiveness or intensity.
• C) The total energy or seismic moment.
• D) The amount of energy released or magnitude.

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Definitions:

Long Run

A period of time in economics where all factors of production and costs are variable, allowing for complete adjustment to changes in market conditions.

Fixed Resource

An asset or input whose quantity cannot be altered in the short run for the production of goods and services.

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used by a business, easily identifiable and recorded.

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The unique set of skills, insight, and intuition possessed by individuals that enables them to identify and exploit new business opportunities.