A Catalyst Increases the Rate of a Chemical Reaction by Providing

question 65

Multiple Choice

A catalyst increases the rate of a chemical reaction by providing a lower-energy mechanism for the reaction.When this occurs,which one of the following is not affected?

• A)activation energy for the forward reaction
• B)activation energy for the reverse reaction
• C)equilibrium constant
• D)rate of the reverse reaction

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Definitions:

Optimal Strategy

The best course of action to achieve the highest payoff or benefit, given a particular set of conditions.

Perfectly Price Discriminate

A pricing strategy where a seller charges the maximum possible price each individual consumer is willing to pay for each unit, thereby extracting all consumer surplus.

Perfect Price Discrimination

A pricing strategy where a seller charges the maximum price each consumer is willing to pay, capturing the entire consumer surplus.

Deadweight Loss

The inefficiency caused by market distortion, typically due to taxes or subsidies, leading to a loss of economic efficiency.