Concerning the Relative Ages of the Granite and Sandstone,________

question 46

Multiple Choice

Concerning the relative ages of the granite and sandstone,________.

• A)the granite must be older,according to the principle of superposition
• B)the sandstone must be older,according to the principle of superposition
• C)the granite must be older,according to the principle of components
• D)their relative ages cannot be determined from the information given

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Definitions:

Variable Input

An input in the production process that can be adjusted in the short term to change the level of output.

Industry Supply Curve

A graphical representation that shows the relationship between the price of a good and the total output of that good by all firms in the industry.

Marginal Cost Curve

A graphical representation showing how the cost of producing one additional unit of a good varies as production volume changes.

Raw Materials

The basic materials from which products are manufactured or made.