Two Technicians Are Discussing Testing Coolant with Test Strips

question 32

Multiple Choice

Two technicians are discussing testing coolant with test strips. Technician A says the test strip measures freezing protection level. Technician B says the test strip measures coolant acidity.Who is correct?

• A)A only
• B)B only
• C)both A and B
• D)neither A nor B

---

Definitions:

Marginal Revenue

The increase in revenue resulting from the sale of one additional unit of output.

Profit-Maximizing

The process or strategy of adjusting production and pricing to achieve the highest possible profit within a market.

ATC

Average Total Cost; this refers to the total cost per unit of output incurred when producing goods or services.

Long-Run Equilibrium

A state in market conditions where all firms in a perfectly competitive industry earn zero economic profit, leading to the optimal distribution of resources in that industry.