The Half Life of ¹⁴C Is 5,730 Years

question 54

Multiple Choice

The half life of ¹⁴C is 5,730 years.If you test a fossilized bone and find that it has 1/8^th the ¹⁴C as a modern bone,you could conclude that it is approximately __ years old.

• A) 5,730 × 1 = 5730
• B) 5,730 × 3 = 17,190
• C) 5,730 / 8 = 716
• D) 5,730 × 2 = 11,460
• E) 5,730 × 8 = 42,960

Recognize the conditions under which firms enter or exit the market.

Comprehend the relationship between price, average total cost, and marginal cost in long-run equilibrium.

Analyze the impact of consumer demand changes on market equilibrium in different types of industries.

Understand the concept of allocative efficiency and its relevance to purely competitive markets.