An Alcohol Solution (Alcohol and Water) Has a Total Volume $\%$

question 49

Multiple Choice

An alcohol solution (alcohol and water) has a total volume of 249 milliliters. 24 milliliters of that solution is alcohol. What percent of the solution is water?

• A) 0.96 \(\%\)
• B) 9.04 \(\%\)
• C) 9.64 \(\%\)
• D) 90.36 \(\%\)
• E) 91.09 \(\%\)

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Definitions:

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price in a specified period.

Price Elasticity

A measure of how much the quantity demanded or supplied of a good responds to a change in its price, indicating the sensitivity of consumers or producers to price changes.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing and able to purchase at various prices.

Price Elasticity Of Demand

The ratio of the percentage change in quantity demanded of a product or resource to the percentage change in its price; a measure of the responsiveness of buyers to a change in the price of a product or resource.