Which of the Following Characteristics Are Held in Common by Both

question 81

Multiple Choice

Which of the following characteristics are held in common by both gravitational and electrostatic forces when dealing with either point masses or charges?

• A)inverse square distance law applies
• B)forces are conservative
• C)potential energy is a function of distance of separation
• D)all of the above choices are valid

---

Definitions:

Excise Tax

A specific tax levied on certain goods, such as cigarettes or alcohol, usually to discourage their use or generate revenue.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount they actually pay.

Producer Surplus

The difference between what producers are willing to sell a good for and the actual price they receive, reflecting extra profit.

Relatively Elastic

Refers to a situation in which the demand or supply for a good or service greatly responds to changes in price.