Which of the Following Defines Dynamic Equilibrium of a Solution

question 113

Multiple Choice

Which of the following defines dynamic equilibrium of a solution?

• A) rate of dissolution = rate of deposition
• B) rate of dissolution < rate of deposition
• C) rate of dissolution > rate of deposition
• D) rate of bubbling > rate of dissolving
• E) rate of evaporating > rate of condensing

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Definitions:

Accounting Profit

The difference between the total revenue and explicit costs of a firm, not accounting for implicit costs.

Economic Profit

The variance between a company's overall incomes and its combined explicit and implicit expenses.

Implicit Costs

The opportunity costs of using resources owned by the firm for its operations instead of renting, selling, or utilizing them in other ways.

Implicit Costs

The opportunity costs of using resources that a firm already owns, typically non-out-of-pocket costs.