Which of the Following Statements Is True of Hydroquinone

question 48

Multiple Choice

Which of the following statements is true of hydroquinone?

• A) It contains two hydroxyl groups at positions 1 and 3 of the benzene ring.
• B) It contains one hydroxyl group at position 1 and one methyl group at position 2 of the benzene ring.
• C) It contains two hydroxyl groups at positions 1 and 4 of the benzene ring.
• D) It contains one hydroxyl group at position 1 and one methyl group at position 3 of the benzene ring.

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Definitions:

Entrepreneurship

The activity of setting up a business, taking on financial risks in the hope of profit.

Implicit Costs

The opportunity costs of resources already owned by the firm and used in business, for which no cash payment is made.

Price-Discriminating

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on factors like buyer's age, location, or purchase history.

Elastic Demand

A situation in which the demand for a product is highly responsive to changes in its price.