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Warren Paid $50 a Share for Nike Stock in May

question 53

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Warren paid $50 a share for Nike stock in May 2005. In October 2006, Nike introduced a new tennis shoe line. If Warren sells his stock today, he is guaranteed to a capital gain.

Grasp the significance of the equilibrium constant and what it indicates about the position of equilibrium.
Comprehend Le Chatelier's Principle and its application to predict the effect of changes on a system in equilibrium.
Recognize the roles of catalysts in chemical reactions and their effect on equilibrium without altering the position of equilibrium.
Identify and explain the significance of solubility in the context of poisons, with particular reference to arsenic.

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