Examlex

Solved

Not Only Do Warm and Cold Intervals Come and Go,but

question 16

True/False

Not only do warm and cold intervals come and go,but they do not necessarily correlate with wet and dry periods,nor is there a distinct,geological-time pattern to the arrivals and departures of various climates.


Definitions:

Profit Opportunities

Situations where businesses can generate higher returns on investment than the market average.

Efficient Economy

An economy where resources are allocated in the most efficient way possible, maximizing the production of goods and services without wasting resources.

Economic Output

The total value of all goods and services produced within an economy over a specific time period.

Potentially Efficient

A condition where resources could be allocated in a way that maximizes the net benefits to society, although it may not necessarily be achieved.

Related Questions