Which of the Following Statements Is False

question 61

Multiple Choice

Which of the following statements is false?

• A)The limiting reactant is completely consumed in a chemical reaction.
• B)The theoretical yield is the amount of product that can be made based on the amount of limiting reagent.
• C)The actual yield is the amount of product actually produced by a chemical reaction.
• D)The percent yield = × 100%
• E)All of the above are true statements.

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Definitions:

Accounting Profits

The net income for a company determined by subtracting total expenses from total revenues, according to generally accepted accounting principles (GAAP).

Short Run

A period of time during which at least one factor of production is fixed, usually considered in economic models and analyses.

Long Run

A period of time in economics sufficiently long to allow for all inputs to production, such as plant and equipment, to be varied (as opposed to just the amount of labor or raw materials).

Total Loss

A situation in insurance where the cost of repairing a damaged property exceeds the property's value, making it economically unfeasible to repair.