A piece of magnesium metal weighing 1.56 g is placed in 100.0 mL of 0.100 M AgNO3 at 25C. Calculate [Mg21] and [Ag1] in solution at equilibrium. What is the mass of the magnesium left? The volume remains constant
A. Supply: Quantity supplied: the amount of a good that sellers are willing and able to sell. The relationship between price and quantity supplied is known as the Law of Supply: the claim that, other things being equal, the quantity supplied of a good rises when the price of the good rises. The supply schedule is the table that shows the relationship between the price of a good and quantity supplied. The supply curve is in relation, being a graph of the relationship between the price of a good and the quantity supplied. Market Supply vs Individual Supply is the same as demand above. a. Shifts in the Supply Curve: i. Input Prices-when the price of one or more inputs rises, producing the good is less profitable and firms supply less. ii. Technology- by reducing firm’s costs, advances in technology and reducing the amount of labor to make the product will be more efficient in supply. iii. Expectations- If firms decide to rise prices later, it will put current production into storage and supply less to the market today. iv. Number of Sellers- Least amount of sellers (retirement) means the market supply will fall. v. Price change of substitute products in production or another, unit tax on producer, weather, and the cost of production. B. Supply and Demand Together a. Equilibrium: the point at which the supply and demand curves intersect. The p
