If There Is a Good That Is Consumed Almost Entirely

question 138

Multiple Choice

If there is a good that is consumed almost entirely by the elderly, an aging of the overall population would

• A)move its demand curve to the right.
• B)move its demand curve to the left.
• C)cause a movement along the demand curve to a (higher price, lower quantity)point.
• D)cause a movement along the demand curve to a (lower price, higher quantity)point.

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Definitions:

pKa

A quantitative measurement that describes the acidity of a substance, specifically the negative log of the acid dissociation constant (Ka).

Acid Strength

A measure of the propensity of a compound to donate a proton (H+) in an aqueous solution, often quantified by the acid dissociation constant (Ka).

Formic Acid

The simplest carboxylic acid with the chemical formula HCOOH, known for its role in ant stings.

Empirical Formula

The simplest expression of a compound's composition, showing the ratio of elements without structural information.