DOT 5 Brake Fluids May Be Mixed with or Used

question 50

Multiple Choice

DOT 5 brake fluids may be mixed with or used to replace DOT ____ brake fluids.

• A)5.1
• B)3/4
• C)5.1 long-life
• D)none of the above

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Definitions:

Total Surplus

The total net gain for society from producing and consuming a good, encapsulated by the addition of consumer surplus and producer surplus.

Profit Maximization

The technique a firm applies to set the price and production level for the best profit return.

Price

The sum of money needed to buy a product, service, or asset.

Quantity

The quantity of a tangible or intangible product or service.