Given That: 3 NO₂( G ) + H₂O( L )

question 2

Multiple Choice

Given that: 3 NO₂( g ) + H₂O( l ) → 2 HNO₃( aq ) + NO( g ) , what quantity (L) of NO₂ is required to completely react 125 grams of water. Assume that the gases are at standard temperature and pressure and hence 1.00 mole occupies 22.4 L of volume.

• A) 466 L
• B) 155 L
• C) 311 L
• D) 4.82 L

Define and differentiate between command economies and laissez-faire economies.

Explain the principle of price as a coordinating mechanism in a laissez-faire economy.

Understand that pure forms of laissez-faire and command economies do not exist in reality.

Identify the tools and signals in a laissez-faire economy that provide individuals with the information needed to make decisions.

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Definitions:

Product Substitutes

Alternative goods or services that consumers can choose as replacements for another item, usually because they fulfill similar needs or functions.

Buying Power

The capacity of individuals or groups to purchase goods and services, often influenced by income, credit, and economic conditions.

Market Segment

A group of consumers or organizations sharing one or more characteristics that cause them to have similar product and/or service needs.

Dog Grooming

The process of cleaning and hygienic care for dogs, often involving hair trimming, nail clipping, and bathing.