Drawing Upon Information in This Chapter and Previous Chapters,which of the Following

question 18

Multiple Choice

Drawing upon information in this chapter and previous chapters,which of the following would NOT be a reason why flowing water "dries up" so quickly in deserts?

• A) The stream-bottom sediments are often coarse particles with correspondingly large pore spaces between them, allowing water to quickly infiltrate downward.
• B) The water table in the desert is usually deep and is not close to the ground surface.
• C) The air is usually dry, and so evaporation rates are usually high.
• D) The desert-adapted vegetation common in dry washes, arroyos, wadis, and the like, has a very high initial water uptake in order to store water for dryer periods, and the roots literally "soak up water."

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Definitions:

Limited Quantities

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Short-Run Condition

A period in which at least one input is fixed and firms cannot fully adjust to new market conditions.

Shutting Down

A short-term decision by a firm to cease production when the market price is below variable costs, incurring losses only equal to fixed costs.

Total Revenue

The overall amount of money generated by a business from the sale of its goods or services.