According to Arrhenius,an Acid and a Base Will React to Give

question 101

Multiple Choice

According to Arrhenius,an acid and a base will react to give

• A)an acidic solution.
• B)a basic solution.
• C)a salt plus water.
• D)a solid.

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Definitions:

Consumer Preferences

The specific desires, likes, and dislikes that influence the purchasing behavior of consumers.

Economic Profit

The profit a company makes after deducting both its explicit (actual cash outflows) and implicit (opportunity) costs.

Profit Motive

The driving force behind business activities focused on achieving financial gain.

Long-Run Economic Profit

The sustainable profit a firm earns over time, assuming entry and exit in the market are possible and adjustments have been made.