Spreading Centers Are Marked by Mid-Ocean Ridges Where Hot Mantle

question 127

True/False

Spreading centers are marked by mid-ocean ridges where hot mantle material rises upward and then spreads sideways.

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Definitions:

Productive Efficiency

A situation where a firm or economy can no longer produce additional amounts of a good without lowering the production level of another product, utilizing resources in the best way possible.

Allocative Efficiency

A situation in which resources are distributed in a way that aligns with the preferences and needs of society, maximizing social welfare and utility.

Product Variety

Product Variety refers to the range of different products or services offered by a firm or available in a market.

Allocative Efficiency

A state of economic efficiency where resources are distributed in a way that maximizes the net benefit to society.