Question
Analyze these statements about a buffer solution:
(I) A buffer solution stabilizes pH levels when small amounts of acids or bases are introduced. (II) The pH of a neutral salt solution is consistently 7. (III) Acetic acid (CH₃COOH) is categorized as a strong acid, completely dissociating in water.Solution
Only statement (I) is correct; a buffer solution indeed stabilizes pH against minor additions of acid or base. Statement (II) is incorrect as the pH of a salt solution can vary based on the acid and base from which it is derived. Statement (III) is also incorrect, as acetic acid is a weak acid that does not fully dissociate in water.
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
The equation for a supply curve is P = 3Q – 8. What is the elasticity in moving from a price of 4 to a price of 7?
Individuals can now directly purchase treasury bills, dated securities, sovereign gold bonds (SGB) and state development loans (SDLs) under RBI’s ___...
In the Classical model, if there is an increase in aggregate demand, what will be the long-run effect on output and prices?Â
Consider the following:
Assertion (A): According to Peacock-Wiseman hypothesis, public expenditure increases overtime in a step-by-step manner.
Which of the following is not an example of market failure?
What does the Purchasing Managers' Index (PMI) measure?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
In the Classical model, what is the shape of the Aggregate Supply (AS) curve in the long run, and why?
An investor who expects a stock price to fall significantly might use which strategy?