Basaltic Clasts Within the Conglomerate Have Been Radiometrically Dated to 50

question 38

Multiple Choice

Basaltic clasts within the conglomerate have been radiometrically dated to 50 million years ago (Eocene epoch of the Tertiary period) .Is this a reliable age for the conglomerate?

• A)Yes.
• B)No,this age is likely too old.
• C)No,this age is likely too young.
• D)No,basalt never contains minerals bearing radioactive isotopes.

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Definitions:

Downward-Sloping Demand

A common economic principle where the quantity demanded of a good or service decreases as its price increases.

Quantity Tax

A tax that is levied on the quantity of a good produced or sold, rather than its price.

Marginal Cost

The rise in overall expenses resulting from the production of an extra unit of a product or service.

Elasticity of Demand

The degree to which the quantity demanded of a good or service varies with its price. Generally, a high elasticity indicates that demand is sensitive to price changes.