A Block of Wood That Weighs 10

question 13

Multiple Choice

A block of wood that weighs 10. g is immersed in water. The total amount of water displaced is 12 mL. What is the density of the block of wood?

• A)0.83 g/mL
• B)1.2 g/mL
• C)0.83 mL/g
• D)12 g/10 mL
• E)120 g/mL

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Definitions:

Total Revenue

The total amount of money a firm receives by selling goods or services, calculated as the unit price times the quantity sold.

Maximizing Profits

The process or strategy of adjusting the production and sale of goods and services to achieve the highest possible profit.

Fixed Costs

Costs that do not change with the level of output produced, such as rent, salaries, or insurance expenses.

Maximizing Profits

The process of increasing the difference between revenue and costs to achieve the highest possible financial gain.