Refer to the Accompanying Figure

question 74

Multiple Choice

Refer to the accompanying figure.At what price would there be the least pressure to form a black market?

• A) $5
• B) $8
• C) $13
• D) $15
• E) $20

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Definitions:

Island Chain

A series of islands formed close to each other, often as a result of volcanic activity.

Mid-Ocean Ridge

An underwater mountain range formed by plate tectonics, where new oceanic crust is created.

Transform Fault

A strike-slip fault that accommodates the horizontal movement of one tectonic plate past another.

Mid-Atlantic Ridge

An underwater ridge located in the Atlantic Ocean, forming a divergent tectonic plate boundary that separates the Eurasian and North American plates in the north and the African and South American plates in the south.