What Is the Name of the Thermodynamic Barrier That Must

question 44

Multiple Choice

What is the name of the thermodynamic barrier that must be overcome before products are formed in a spontaneous reaction?

• A) entropy
• B) activation energy
• C) the equilibrium point
• D) free energy

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Definitions:

Production Frontier

Also known as the production possibility frontier, it illustrates the maximum possible output combinations of two goods or services a business can achieve with its current resources and technology.

Market System

A system where economic decisions and the pricing of goods and services are guided purely by the interactions of a country's individual citizens and businesses.

Centrally Planned System

An economic system in which decisions about production and distribution are made by a centralized authority rather than by market forces.

Free-Market System

An economic system based on supply and demand with minimal governmental control, where prices are determined by the interactions between consumers and businesses.