How Does the Average Depth of the Oceans Compare to the Average

question 37

Multiple Choice

How does the average depth of the oceans compare to the average elevation of the continents?

• A)The oceans are hundreds of times deeper on average than the continents' average elevation.
• B)The continents stick up above sea level by about the same vertical distance that the ocean floor is below sea level.
• C)The ocean floors are about four times as deep, on average, than the average elevation of the continents above sea level.
• D)The ocean floors are higher in elevation than the continents' average distance below sea level.

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Definitions:

Profit-maximizing

The approach by which an organization figures out the best pricing and output quantity for the highest profit.

Product Variety

The assortment of different products or services offered by a company or available in a market.

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, allowing for competition but with some level of market power.

Pure Competition

A market structure characterized by a large number of small firms, similar products, and very little control over price.