The Gobi in Mongolia Is a Desert Primarily Because It

question 13

Multiple Choice

The Gobi in Mongolia is a desert primarily because it is located ________.

• A) in the subtropics
• B) in a polar region
• C) near the center of a large continent
• D) next to a cold ocean current

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Definitions:

Marginal Products

This term refers to the extra output gained by adding one more unit of a specific input, keeping other inputs constant, in the production process.

Product Market

The marketplace where final goods or services are offered for purchase by consumers, businesses, and the public sector.

Labor Demand Curve

A graphical representation that shows the relationship between the quantity of labor demanded by employers and the wage rate.

Imperfectly Competitive

Refers to market structures that do not meet the criteria of perfect competition, featuring elements like price makers, barriers to entry, and product differentiation.