Multiple Choice
How many titanium and oxygen ions are there in the rutile unit cell shown below? 
Understand how to apply demand and supply functions to determine market equilibria.
Analyze the effects of taxes on market equilibrium, including the impact on quantities supplied and demanded.
Assess the impact of taxes on the equilibrium price paid by consumers and received by producers.
Understand the concept of elasticity and how it affects market outcomes.
Definitions:
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