Which of the Following Volumes Are Equivalent to 75 L $\times$

question 11

Multiple Choice

Which of the following volumes are equivalent to 75 L?
1) 75 cm³
2) 7.5 $\times$ 10⁴ mL
3) 0.0075 kL

• A) 1 only
• B) 2 only
• C) 3 only
• D) 1 and 2
• E) 1,2,and 3

---

Definitions:

Industry Supply Curve

A graphical representation showing the quantities of a product that firms across an industry are willing to supply at different price levels.

Lump Sum Tax

A tax that is a fixed amount, regardless of the taxpayer’s income level, assets, or usage of services.

Long-Run Cost

The total cost of production when all factors of production can be varied, typically associated with the planning of long-term business strategies.

Production Functions

Production functions describe how a firm transforms inputs into outputs, relating the quantity of factor input to the quantity of output produced.