Most Chemical Sediments Derive from ________

question 217

Multiple Choice

Most chemical sediments derive from ________.

• A)industrial waste from multi-national corporations
• B)the soluble products of weathering, carried in solution to a warm, evaporating basin
• C)detrital minerals that are a single, pure, inorganic compound
• D)accumulations of organic matter

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Definitions:

Deadweight Loss

The lost economic efficiency when the equitable or allocatively efficient outcome is not achieved, often due to taxes, subsidies, or monopolies.

Excise Tax

A tax imposed on specific goods, services, or activities, usually to discourage their use or to raise revenue.

Elasticities

Measurements of how changing one economic variable affects others, such as how quantity demanded will change as a result of price changes.

Subsidy Benefit

Government-provided support to aid businesses, individuals, or sectors of the economy through financial help.