A Balloon Is Buoyed Up with a Force Equal to the

question 86

Multiple Choice

A balloon is buoyed up with a force equal to the

• A) atmospheric pressure.
• B) weight of the balloon and contents.
• C) weight of air it displaces.
• D) density of surrounding air.
• E) all of these

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Definitions:

MCA Curve

A term that could be mistaken but likely refers to the Marginal Cost Curve, which depicts the additional cost of producing one extra unit of output.

Marginal External Cost

The additional cost incurred by society as a whole due to one more unit of a good being produced, not accounted for by the producer.

Competitive Price

The price at which a product or service is sold that is reasonably close to the prices of competing products or services in the same market.

Socially Optimal Levels

Situations or outcomes in an economy that are considered the best from the standpoint of society as a whole, often involving efficient allocation of resources.