A Scientist Decides to Check the Tritium Concentration in a Bottle

question 43

Short Answer

A scientist decides to check the tritium concentration in a bottle of "50-year-old" Scotch to determine when it was bottled.S/he finds that the ³H concentration in the Scotch is 4.4% that of the ³H concentration in the water on the Isle of Islay,where the Scotch was bottled.How old is the Scotch? (The half-life of tritium is 12.3 years.)

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Definitions:

Perfectly Inelastic Supply

Perfectly Inelastic Supply describes a situation in which the quantity supplied of a good does not change regardless of price movements.

Tax Increase

The act of raising the rates of taxes imposed by the government, which can affect consumer spending, investment, and overall economic growth.

Sales Tax

Sales Tax is a tax levied on the sale of goods and services, typically collected by the retailer at the point of purchase and then passed on to the government.

Demand For Jewelry

The consumers' desire and willingness to purchase jewelry, which can be influenced by factors such as income levels, fashion trends, and cultural practices.