Le Châtelier's Principle States That If a System at Equilibrium

question 63

True/False

Le Châtelier's principle states that if a system at equilibrium is disturbed,then more reactants are produced.

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Definitions:

Irreversible Costs

Expenditures that cannot be recovered once they have been made, also known as sunk costs.

Economists

Experts in the study of economics, focusing on the production, distribution, and consumption of goods and services, and the theory and management of economies or economic systems.

Cost Curve

A graphical representation showing how the cost of producing a good or service varies with the level of output.

Resource Prices

the costs associated with the inputs used in the production of goods or services, including labor, raw materials, and capital.