The Density of Ice Is 0

question 54

Multiple Choice

The density of ice is 0.92 g/cm³; and the density of seawater is 1.03 g/cm³. A large iceberg floats in Arctic waters. What fraction of the volume of the iceberg is exposed?

• A)0.080 %
• B)11 %
• C)89 %
• D)92 %
• E)99 %

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Definitions:

Average Variable Cost

The variable cost (e.g., labor, materials) per unit of output, calculated by dividing total variable costs by the number of units produced.

Average Total Cost Curve

A graphical representation showing how the cost per unit of producing a good changes with the level of output.

Marginal Cost

The increase in cost that arises from producing one additional unit of a product or service.

Cost Curve

A graphical representation that shows how the cost of producing a good varies with changes in the quantity produced.