The Lowest Notch Shown on This Figure Is 9 Meters

question 42

Multiple Choice

The lowest notch shown on this figure is 9 meters wide and 5 meters high from its base.The river has a velocity of 0.7 meters per second when it fills the notch.Based on the accompanying graph,what is the probability each year that the notch will be filled to the top?

• A)80 to 95%
• B)60 to 70%
• C)40 to 45%
• D)less than 40%
• E)none of these

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Definitions:

Economic Loss

A situation where total costs exceed total revenues, resulting in a negative profit for a business or economy.

Short Run

A period of time during which at least one of a firm's inputs is fixed, affecting the firm's capacity to adjust to demand changes.

Short Run

The short run is a period in economics where at least one factor of production is fixed, limiting the adjustments a firm can make to its inputs.

Average Variable Cost

The total variable cost divided by the quantity of output produced; it shows the cost of producing one more unit of output.