In Early 2016, Platinum (195

question 68

Multiple Choice

In early 2016, platinum (195.078 g/mol) was selling for about $1062 per troy ounce (one troy ounce is equal to 31.10 g) .How many platinum atoms could you buy for $20?

• A)1.808* 10²¹ atoms
• B)1.869 *10¹⁸ atoms
• C)2.006* 10²⁶ atoms
• D)2.039 * 10²⁷ atoms
• E)5.098 * 10²⁴ atoms

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Definitions:

RFP

An acronym for Request for Proposal, a document that solicits proposal, often made through a bidding process, by an agency or company interested in procurement of a commodity, service, or valuable asset.

Volkswagen

A German automotive manufacturer known for producing a range of vehicles, including the iconic Beetle, and facing emissions testing scandals.

RFP Stage

The phase in procurement where a Request for Proposal (RFP) is issued to invite bids from potential vendors for a project or service.

Invite Suppliers

The process of asking various suppliers to participate in a bidding process or to propose their goods for procurement.