Who Names a Hurricane

question 78

Multiple Choice

Who names a hurricane?

• A) The name is picked sequentially from a list of names for that year established by an international agreement.
• B) The first person who sees it gets to name the hurricane.
• C) A distinguished meteorologist names the hurricane.
• D) Each country gets to name one hurricane each year.
• E) The governor of the state most likely to be hit gets to name the hurricane.

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Definitions:

Profit-Maximizing Output

This term refers to the level of production at which a business achieves the greatest profit, where marginal cost equals marginal revenue.

Market Price

The current price at which a good or service can be bought or sold in a given market, determined by supply and demand.

Units

Measurements or quantities of a product or service.

Short-Run Costs

Costs that vary with the level of output in the short term, where at least one factor of production is fixed.