Which Statement Below Is Incorrect

question 67

Multiple Choice

Which statement below is incorrect?

• A) Dalton's statement "All atoms of a given element are identical" is no longer accepted because of the existence of isotopes and ions.
• B) O₃ (ozone) is considered a molecule but is not considered an element.
• C) One mole of aluminum is equal to the number of aluminum atoms in 26.98 g of aluminum.
• D) Gases behave the most ideally at high temperatures and low pressures.
• E) At least two of the above statements (a-d) are incorrect.

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Definitions:

Efficiency

The optimal allocation and use of resources to produce goods and services in the most cost-effective and waste-free manner.

P > MC

Indicates a scenario in price (P) is greater than marginal cost (MC), suggesting that a firm could potentially increase profits by increasing production since each additional unit produced costs less than the price it would sell for.

Monopoly

A market structure in which a single seller controls the entire market for a good or service, with no close substitutes.

Monopoly Model

A market structure where a single seller dominates the market, facing no competition, resulting in high prices and restricted output.