A Common Use of Polyurethane Is

question 23

Multiple Choice

A common use of polyurethane is

• A) tire cord.
• B) fishing line.
• C) foam cups.
• D) spray-on insulation.
• E) films.

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Definitions:

Equilibrium Price

The cost at which the amount of a product or service that consumers want to buy is equal to the amount that sellers want to sell, resulting in a balanced market.

Shortages

The situation where the demand for a product or service exceeds its supply in a market.

Price Ceiling

A government-imposed limit on the price charged for a product or service, intended to prevent prices from becoming too high.

Surplus

An amount of something left over when requirements have been met; in economic terms, this can refer to excess supply over demand in a market, leading to lower prices.