Given the Following, Calculate the New Volume: Initial Pressure $\quad 645 \mathrm { mmHg }$

question 23

Multiple Choice

Given the following, calculate the new volume: Initial pressure $\quad 645 \mathrm { mmHg }$
Initial volume $\quad 3 \mathrm {~L}$
New pressure $\quad 720 \mathrm { mmHg }$

• A) 1.69 L
• B) 2.69 L
• C) 3.35 L
• D) 4.69 L

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Definitions:

Long Run

In economics, a period in which all inputs, including capital, can be fully adjusted, allowing firms to change their scale of operation.

Economic Profit

An economic profit occurs when the revenue generated from a business activity exceeds both the explicit and implicit costs associated with that activity.

Monopolistically Competitive

In a monopolistically competitive market, many firms sell products that are similar but not identical, allowing for competition based on quality, price, and branding.