What Is the Formula for the Ionic Compound Formed by Magnesium

question 130

Multiple Choice

What is the formula for the ionic compound formed by magnesium and iodine?

• A)MgI
• B)Mg₂I
• C)MgI₂
• D)MgI₃
• E)Mg₃I

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Definitions:

Extensive Economies of Scale

Refers to reductions in per-unit cost as the size of a firm or its level of production increases.

Marginal Revenue

The additional income from selling one more unit of a good; it is the change in total revenue that comes from selling an additional unit.

Demand Schedule

A table that shows the quantity of a good or service that consumers are willing to buy at various prices.

Coefficient of Price Elasticity

A measure of the responsiveness of the quantity demanded of a good to a change in its price.