Find a Correct Statement

question 8

Multiple Choice

Find a correct statement:

• A) If HA is a strong acid, then A^- is its weak conjugate base.
• B) If HA is a strong acid, then A^- is its strong conjugate base.
• C) If HA is a weak acid, then A^- is its weak conjugate base.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity demanded for a given period.

Short-Run Equilibrium

Short-run equilibrium occurs when in a market, the quantity supplied equals the quantity demanded at the current price, before any long-term adjustments are made.

MR > MC

A situation in marginal analysis where the marginal revenue (MR) exceeds the marginal cost (MC), suggesting a potential increase in profitability by expanding production.

P > ATC

A scenario in which the price of a good is greater than the average total cost of producing that good, indicating potential profitability for the firm.