Solve the Problem. -How Many Liters of a 30% Alcohol Solution Must Be

question 11

Multiple Choice

Solve the problem.
-How many liters of a 30% alcohol solution must be mixed with 50 liters of a 70% solution to get a 40% solution?

• A) 20 L
• B)15 L
• C) 150 L
• D) 200 L

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Definitions:

Efficient Market

A market in which asset prices fully reflect all available information.

Profit Opportunities

Situations or circumstances where businesses can generate earnings that are above the normal expected returns.

Opportunity Costs

The value of the next best alternative that is foregone when a particular decision is made.

Opportunity Cost

The bypass of potential advantages from different routes when a specific option is taken.