Which of the Following Statements Is FALSE

question 86

Multiple Choice

Which of the following statements is FALSE?

• A) The pH of blood is slightly basic.
• B) The more hydrogen ions in a solution, the more acidic the solution.
• C) When acids and bases are mixed, they react with each other to form water and a salt.
• D) When the hydrogen ion concentration decreases, the hydroxyl ion concentration also decreases.

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Definitions:

Marginal Profit

Marginal profit refers to the additional profit a company gains from selling one more unit of a good or service.

Marginal Revenue

The additional income gained by selling one more unit of a product or service.

Total Cost

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.

Total Revenue Curve

A graphical representation showing how a firm's total revenue changes with variations in the quantity of goods or services sold.