Express the Number 0.00395 in Scientific Notation

question 111

Multiple Choice

Express the number 0.00395 in scientific notation.

• A) 3.95 *10^-3
• B) 3.95 *10³
• C) 0.395 *10^-3
• D) 395 * 10^-5
• E) none of these

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Definitions:

Supply

The total amount of a good or service that producers are willing and able to sell at a given price over a certain period.

Consumer Surplus

The rift between what consumers are economically prepared to spend on a service or product and their actual spending.

Consumer Surplus

The divergence between the total consumers can and are willing to pay for a product or service and what they truly pay.

Binding Price Floor

A government-imposed minimum price set above the equilibrium price, resulting in a surplus by preventing the market price from falling to its natural level.