Suppose That a Lobster in Nova Scotia Costs $10 and the Same

question 69

Multiple Choice

Suppose that a lobster in Nova Scotia costs $10 and the same type of lobster in New Brunswick costs $30. How could people make a profit in the situation?

• A) by buying lobsters in Nova Scotia and selling them in New Brunswick, which would increase the price of lobster in New Brunswick
• B) by buying lobsters in Nova Scotia and selling them in New Brunswick, which would decrease the price of lobster in New Brunswick
• C) by buying lobsters in New Brunswick and selling them in Nova Scotia, which would increase the price of lobster in New Brunswick
• D) by buying lobsters in New Brunswick and selling them in Nova Scotia, which would decrease the price of lobster in New Brunswick

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Definitions:

Carbon-Carbon Single Bonds

Bonds formed by the sharing of a single pair of electrons between two carbon atoms.

Carbon-Carbon Double Bonds

A chemical bond between two carbon atoms involving four bonding electrons instead of the usual two, leading to the formation of alkenes.

Rotation

The action or process of rotating on or as on an axis or center, commonly referred to in chemistry as the movement of molecules, specifically their ability to rotate polarized light.

Carbon-Carbon Double Bond

A covalent bond formed between two carbon atoms involving the sharing of two pairs of electrons, resulting in a pi bond overlaid on a sigma bond.