Match Each Term to Its Corresponding Descriptive Phrase

question 75

Multiple Choice

Match each term to its corresponding descriptive phrase.
-indicates an atom will react until it has 8 electrons in its outermost energy level

• A)Proton
• B)Neutron
• C)Electron
• D)Isotopes
• E)Ionic bonds
• F)Covalent bonds
• G)Octet rule
• H)Atomic number
• I)Atomic mass
• J)Hydrogen bonds

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Definitions:

Long-Run Supply Curve

A graph that shows the relationship between the price of a good and the quantity supplied by all firms in the market, assuming all inputs are variable and firms can enter or exit the market.

Elasticity

Elasticity measures how responsive the quantity demanded or supplied of a good or service is to a change in one of its determinants, such as price, income, or prices of related goods.

Constant-Cost Industry

An industry where the input prices remain stable as the industry's output changes, leading to a linear supply curve because costs do not vary with the level of production.