W Hat Would a Visitor Approaching Earth from Space See

question 23

Multiple Choice

W hat would a visitor approaching Earth from space see 4.4 billion years ago?

• A) a blue planet due to 71% of its surface being covered by water
• B) a hot, vapor-shrouded sphere blanketed by lightning-stroked clouds
• C) a supercontinent breaking apart into smaller pieces
• D) a landscape dominated by continents with small bodies of water dispersed throughout

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Definitions:

Brand Loyalty

The tendency of consumers to continuously purchase one brand's products over another's based on their positive experience with that brand.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Economic Efficiency

A state in which resources are optimally allocated to serve each person in the best way while minimizing waste and inefficiency.

Entry Barriers

Obstacles that make it difficult for new competitors to enter a market, including high startup costs, stringent regulations, and established brand loyalty.