If an Electrolysis Plant Operates Its Electrolytic Cells at a Total

question 46

Multiple Choice

If an electrolysis plant operates its electrolytic cells at a total current of 1.8 $\times$ 10⁶ amp,how long will it take to produce one metric ton (one million grams) of Mg(s) from seawater containing Mg²⁺? (1 faraday = 96,485 coulombs)

• A)1.2 h
• B)1.2 days
• C)37 min
• D)0.61 h
• E)0.31 year

Understand the factors influencing the expanding wage gap between high-skill and low-skill workers.

Grasp the concept of compensating differentials and how they affect wage differences.

Recognize human capital and its impact on productivity and wages.

Comprehend the impact of international trade on the demand for skilled and unskilled labor.

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Definitions:

Demand and Supply

The fundamental economic concept that describes the amount of a specific good or service that is available to consumers and the desire of consumers for it, considered as functions of its price.

Consumer Incomes

The total amount of money earned by consumers from various sources like wages, investments, and government benefits, which affects their purchasing power and economic behavior.

Normal Good

A good for which demand increases as the income of the consumer increases, all other factors being equal.

Substitutes

Products or services that can replace each other in use, where an increase in the price of one leads to an increase in demand for the other.