Water Solutions of Which of the Following Are Basic

question 124

Multiple Choice

Water solutions of which of the following are basic?

• A) Soft drinks
• B) Baking soda
• C) Lemonade
• D) Vinegar

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Definitions:

Price Equal

A situation where the market price stabilizes, reaching a point where supply equals demand.

Marginal Cost

The extra financial burden of manufacturing one more unit of a product or service.

Natural Monopolies

A situation where a single firm can supply a product or service to an entire market at a lower cost than two or more firms, making competition impractical.

Diseconomies of Scale

A situation in which a company or business grows so large that the costs per unit increase.