When a Mass of Air Is Forced to Rise Quickly

question 115

Multiple Choice

When a mass of air is forced to rise quickly,

• A) it heats up.
• B) its pressure increases.
• C) its density increases.
• D) it results in higher atmospheric pressure.
• E) it results in lower atmospheric pressure.

Interpret graphical representations of markets with externalities.

Understand the concept of equilibrium quantity in markets with and without externalities.

Understand the concept of technology spillovers and their implication for government policy.

Analyze the effects of public goods and positive externalities on market outcomes.

---

Definitions:

Research And Development

Encompasses the investigative activities a business conducts to improve existing products and procedures or to lead to the development of new products and procedures.

Overhead Rate

A method for distributing overhead expenses to goods or services, usually depicted as a ratio or percentage.

Direct Labour

The labor costs of employees who are directly involved in the manufacturing or production process of goods.

Inventories

Assets held for sale in the ordinary course of business, or goods that will be used or consumed in the production of goods to be sold.