What Was a Disadvantage of Digging Canals in the Everglades

question 53

Multiple Choice

What was a disadvantage of digging canals in the Everglades?

• A)increased cropland
• B)increased flooding during hurricanes
• C)increased risk of algae blooms
• D)increased floodplain wetlands
• E)decreased freshwater

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Definitions:

Entry-Deterrence

Strategies employed by existing firms in a market to prevent or discourage new competitors from entering the market.

Sunk Costs

Expenses that have already been incurred and cannot be recovered, often considered in decision-making processes.

Price War

A competitive strategy in which retailers reduce prices to gain business, often leading to lower profit margins for the competitors.

Mixed Strategy

In game theory, a strategy in which a player randomizes over possible actions, assigning a probability to each.