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Students conducted an experiment to determine the effect of light intensity on the rate of photosynthesis. They punched 40 leaf disks from spinach leaves and used a syringe partially filled with water to pull the gases from the leaf disks so that all leaf disks sunk to the bottom of the syringe. Ten leaf disks from the syringe were placed in each of four cups and covered with 50 ml of the solutions as indicated below. All leaf disks were resting on the bottom of the cups when the experiment began. The volume of liquid in each cup and the temperature of the solutions were held constant. All cups were placed 0.5 meters from the designated light source. A large beaker of water was placed between the light and the cups to act as a heat sink to prevent a change in temperature. At the end of 10 minutes, the number of disks floating in each cup was recorded.
Use your knowledge of the mechanism of photosynthesis and the data presented in the chart to determine which of the statements is a correct explanation for the students' data.
Fair Value
The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
Mortgage
A loan used to purchase property, where the property itself serves as collateral until the loan is paid off.
Book Value
The value of an asset as recorded on the balance sheet, calculated as the cost of an asset minus accumulated depreciation.
Fair Value
The estimated price at which an asset would change hands between a willing buyer and seller, not under compulsion and with reasonable knowledge of the relevant facts.
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