A Completely Submerged Object Always Displaces Its Own

question 37

Multiple Choice

A completely submerged object always displaces its own

• A)volume of fluid.
• B)weight of fluid.
• C)density of fluid.
• D)all of these
• E)none of these

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Definitions:

Economies of Scale

The financial benefits that companies gain as a result of their size, production volume, or operational scope, where the cost for each unit of production typically falls as the scale expands.

Third-Degree Price Discrimination

A pricing strategy where different prices are charged to different groups of consumers for the same product, based on elasticity of demand.

Monopoly Power

The ability of a single seller to set prices and control the market for a good or service without significant competition.

Peak-Load Pricing

Practice of charging higher prices during peak periods when capacity constraints cause marginal costs to be high.