Which Statement About Contact #3 Is Correct

question 14

Multiple Choice

Which statement about contact #3 is correct?

• A) It and contact #2 once formed a continuous unconformity.
• B) It was once elevated farther above contact #2, but faulting has brought them closer together.
• C) It presents an example of an angular unconformity.
• D) It must be younger than the conglomerate, due to the principle of baked contacts.

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Definitions:

Market Penetration Strategy

A growth strategy where a business focuses on selling existing products within existing markets to gain a higher market share.

New Markets

These refer to unexplored or less saturated areas or sectors where businesses can expand their presence to increase sales, reach new customers, or introduce innovations.

Same Market

Refers to a situation where companies or products target the same customer segment or geographic area.

BCG Business Portfolio Analysis

A strategic planning tool used by companies to categorize their business units or products based on market growth rate and market share relative to the largest competitor.