An Inventor Claims to Have Developed a New Perfume That

question 44

Multiple Choice

An inventor claims to have developed a new perfume that lasts a long time because it doesn't evaporate. Comment on this claim.

• A)A perfume that does not evaporate could be toxic since the molecules never leave the skin.
• B)In order to smell something, the molecules must evaporate and reach your nose. If the new perfume doesn't evaporate, it will not have an odor.
• C)This would be impossible to make because the perfume would have to be pressurized in order to not evaporate.
• D)This product is sure to sweep the market making many happy customers.

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Definitions:

Mismatch

A situation where there is a discrepancy or lack of alignment between two or more factors, often leading to inefficiency.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a market.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a certain period of time.

Supply Curve

A graph that illustrates the relationship between the price of a good and the quantity of the good that producers are willing to supply.