If a River Originates 200 Meters Above Sea Level and Travels

question 115

Multiple Choice

If a river originates 200 meters above sea level and travels 100 kilometers to the ocean, what is the average gradient in meters per kilometer?

• A) 0.2 meters per kilometer
• B) 0.5 meters per kilometer
• C) 2 meters per kilometer
• D) 5 meters per kilometer
• E) none of these

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Definitions:

Good Enough

A term that refers to a satisfactory solution or product that meets basic requirements without needing to be perfect.

Sunk Costs

Expenses that have been incurred and cannot be recovered, which should not influence future economic decisions.

Production

The process of creating goods or services using inputs like labor, capital, and raw materials.

Bounded Rationality

The concept that decision-making is limited by the information, cognitive limitations, and time constraints.