The Wind- Caused Etching or Pitting of Rock Surfaces Is

question 70

Multiple Choice

The wind- caused etching or pitting of rock surfaces is termed________ .

• A) blow out
• B) slip face
• C) deflation
• D) abrasion
• E) traction

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Definitions:

Allocative Efficiency

Refers to a situation in which the resources in an economy are distributed according to consumer preferences, ensuring that goods are produced in the quantities exactly matching consumer desires.

Unit Costs

Unit costs refer to the cost incurred to produce, store, or acquire one unit of a product or service.

Kinked-Demand Curve Model

An economic theory suggesting that in oligopolistic markets, companies may not change their prices because the demand curve is more elastic for price increases and less elastic for price decreases.

Unit Costs

The amount of money a company spends on producing, holding, and marketing one unit of a certain product or service.