In Order for a Process to Be Spontaneous

question 55

Multiple Choice

In order for a process to be spontaneous,

• A)the entropy of the system must increase.
• B)the entropy of the surroundings must increase.
• C)the entropy of the universe must decrease.
• D)the entropy of the surroundings must decrease.
• E)the entropy change of the surroundings plus the entropy change of the system must be positive.

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Definitions:

Explicit Costs

Direct, out-of-pocket payments for inputs or resources used by a business, easily identifiable and recorded.

Entrepreneurial Talent

The unique set of skills, insight, and intuition possessed by individuals that enables them to identify and exploit new business opportunities.

Forgone Interest

The potential interest income lost when capital is invested in one project instead of being deposited in a savings account or invested in an alternative project.

Total Revenues

The complete amount of income generated by a business from its sales or services before any expenses are subtracted.