The eight climographs below show yearly temperature (line graph and left vertical axis) and precipitation (bar graph and right vertical axis) averages for each month for some locations on Earth. Choose the climograph that best answers the question or completes the statement. Climographs may be used once, more than once, or not at all.
-Which of the following best substantiates why location 3 is an equatorial (tropical) climate?
Definitions:
Nominal Wages
The amount of money paid to employees before adjustments for inflation, representing the face value of wages at the time they are paid.
Price Level
A measure of the average prices of goods and services in an economy at a given point in time.
Real Wages
Income from work adjusted for the inflation rate, indicating the true buying power of the earnings.
Profit-Maximizing Wage
The wage level at which a firm maximizes its profits by balancing the cost of labor with productivity.
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