The Change in the Gibbs Free Energy for Dissolving Solute

question 76

Multiple Choice

The change in the Gibbs free energy for dissolving solute in a saturated solution is

• A)negative.
• B)zero.
• C)positive.
• D)positive at low temperatures and negative at high temperatures.

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Definitions:

Profit

The financial benefit that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Economic Profits

Profits exceeding the total cost of capital, including both the cost of debt and the opportunity cost of equity capital.

Explicit Costs

Expenses directly incurred in the course of running a business, such as wages and materials.

Economic Costs

The total value of all resources used in the production of a good or service, including both explicit and implicit costs.