A Tornado of an ____ Level Intensity Will Completely Demolish

question 60

Multiple Choice

A tornado of an ____ level intensity will completely demolish a structure such as a house.

• A)EF1
• B)EF2
• C)EF3
• D)EF4
• E)EF5

---

Definitions:

Perfect Competition

Perfect competition describes a market structure where many firms sell identical products, no single buyer or seller can influence the market price, and there is free entry and exit of firms.

Firm Profits

The financial gains a company makes after deducting all its expenses.

Marginal Cost Curve

A graph that shows the change in the cost of producing one more unit of a good.

Profit-Maximizing

The process or strategy of adjusting production and sale to achieve the highest possible profit.