According to the Text,a Major Impact of Earthquake Prediction on a Region

question 42

Multiple Choice

According to the text,a major impact of earthquake prediction on a region would be

• A)a decline in business activity and damage to the local economy.
• B)increased business activity.
• C)an increase in property values.
• D)upward changes in employment opportunities.
• E)longterm economic devastation.

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Definitions:

Marginal Revenue Product Curve

A graphical representation showing how the revenue generated from selling an additional unit of output changes as more of the output is produced.

Wage Rate

The amount of compensation paid to an employee by an employer for a unit of time worked, which can be expressed per hour, day, or other time unit.

Marginal Product

The additional output resulting from the use of one more unit of a factor of production.

Marginal Revenue Product Schedule

A representation that shows how the additional revenue generated changes with the addition of one more unit of a resource.