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An earthquake generates three kinds of waves: surface waves (L-waves) ,which are the slowest and weakest,shear (S) waves,which are transverse waves and carry most of the energy,and pressure (P) waves,which are longitudinal waves and are the fastest.The speed of P waves is approximately 7 km/s,and that of S waves is about 4 km/s.People do not generally feel the P waves,but animals seem to be sensitive to them.If a person reports that her dog started barking 20 seconds "before the earthquake," then approximately how far was the origin of the earthquake?
Many Sellers
A market condition in which there are numerous providers of a good or service, contributing to competitive pricing and variety for consumers.
Monopolistic Competition
A market structure characterized by many firms selling products that are similar but not identical, allowing for competition based on quality, price, and brand.
Oligopoly
An oligopoly is a market structure in which a few firms dominate the industry, leading to limited competition.
Average Total Cost
Total cost divided by the quantity of output
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