The Continental Block Shown in This Figure Has a Transform

question 8

Multiple Choice

The continental block shown in this figure has a transform boundary,a reverse fault,and a continental rift.What type of activity could cause an earthquake here?

• A)strike-slip faulting
• B)normal faulting
• C)reverse faulting
• D)movement of magma near the rift
• E)all of these

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Definitions:

Normal Profits

The minimum level of profit needed for a company to remain competitive in the market, also seen as the opportunity cost of capital.

Purely Competitive Firm

A business operating in a market where there are many buyers and sellers, with none being able to influence prices significantly by their individual actions.

Costs

The value of resources consumed in the production of goods and services, including both fixed and variable expenses.

Differentiated Product

A product that is distinct in some way from others in the same category, allowing the seller to compete on factors other than price.