The Lowest Elevation to Which a Stream Can Downcut Is

question 45

Multiple Choice

The lowest elevation to which a stream can downcut is the ________.

• A) base level
• B) floodplain
• C) stream gradient
• D) thalweg

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Definitions:

Maximizing Profit

The process or strategy of increasing the difference between total revenue and total costs to achieve the highest possible financial gain.

Competitive Price-Searcher

A market condition where firms actively seek out prices that will maximize their profits in environments with some level of competition.

Positive Profit

Refers to the financial gain that occurs when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the business.

Price-Searcher Firm

A company that operates in a market where it has some degree of control over the price of its products, due to the uniqueness of its offerings or market conditions.