Given the Following Concentrations (In MM)for Sodium and Potassium Ions $\circ$

question 13

Essay

Given the following concentrations (in mM)for sodium and potassium ions, a membrane potential of 60 mV (inside negative), a temperature of 37 ^$\circ$ C and a $\Delta$ G for ATP hydrolysis of -51 kJ/mol, what is the % efficiency of the Na/K ATPase?
inside
outside
Na⁺
12
145
K⁺
140
4

Recognize how secure private property rights and contract enforcement enhance market efficiency.

Understand the implications of rent controls and price ceilings on market equilibria and housing quality.

Grasp the economic reasoning behind pricing mechanisms in the market, including the effects of price controls on goods availability.

Recognize the role of non-price factors in rationing goods when price controls are in place.

---

Definitions:

Capital Investment

Funds expended by a business to acquire or upgrade physical assets such as property, industrial buildings, or equipment.

Robinson Crusoe

Used in economics as a metaphor for the study of decision making by individuals in solitude.

Sacrificed

Sacrificed refers to giving up something valued for the sake of other considerations or needs, often in the context of making difficult decisions.

Opportunity Cost

The value of the next best alternative that is foregone as a result of making a decision.