Honey Is Around 3000 Times More Viscous Than Water, but Has

question 18

Multiple Choice

Honey is around 3000 times more viscous than water, but has a similar density. How much faster could honey flow though a pipe compared to water, while still maintaining a laminar flow?

• A) 3000 times
• B) 9 000 000 times
• C) 55 times
• D) It will become turbulent at the same speed, but a much greater pressure difference would be needed to make it flow at that speed
• E) It will become turbulent at the same speed, but a much smaller pressure difference would be needed to make it flow at that speed
• ANS

Understand the relationship between market supply and demand forces in determining the price in price-taker markets.

Explain the characteristics of constant cost industries and their response to changes in demand.

Understand how a firm's short-run supply curve is determined in a competitive price taker market.

Calculate a firm's profit or loss given its marginal cost, average total cost, and selling price.

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