As the Temperature of Air Is Reduced to Its Dew

question 13

Multiple Choice

As the temperature of air is reduced to its dew point,which of these is most likely to occur?

• A)freezing
• B)condensation
• C)melting
• D)supercooling
• E)evaporation

---

Definitions:

Excess Capacity

The situation where a firm produces less than its total output capacity, often due to lack of demand.

Monopolistically Competitive

A market structure where many firms sell products that are similar but not identical, allowing for some degree of market power and price setting.

Long-Run Equilibrium

A state in which all inputs can be adjusted by firms, market supply equals demand, and there is no incentive for economic actors to alter their behavior.

Excess Capacity

The condition where a business produces less than the maximum amount possible, often leading to inefficiency.