Which of the Following Most Accurately Describes the Volcanoes of the Hawaiian

question 151

Multiple Choice

Which of the following most accurately describes the volcanoes of the Hawaiian Islands?

• A)shield volcanoes fed by a long-lived hot spot below the Pacific plate
• B)composite volcanoes associated with subduction and a convergent plate boundary
• C)shield volcanoes associated with a mid-Pacific ridge and spreading centre
• D)composite volcanoes associated with a mid-Pacific transform fault

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Definitions:

Marginal Cost

The investment needed to make an extra unit of a good or service.

Average Cost

A measure of the total cost of production divided by the number of units produced, used to calculate the cost per unit.

Industry Demand

The total demand for the products or services provided by a specific industry, represented as the sum of individual demands within a market.

Perfect Competition

A market structure characterized by many buyers and sellers, homogeneous products, and no barriers to entry or exit, leading to efficient pricing and output decisions.