Equilibrium Quiz

What are the factors that can affect equilibrium in a chemical reaction?

• Temperature, pressure, concentration, catalyst

• Phase of the reactants

• Time of day

• Color of the reactants

How does a change in temperature affect the equilibrium of a chemical reaction?

• It has no effect on the equilibrium

• It only affects the rate of the reaction

• It causes the reaction to stop completely

• It can shift the equilibrium by favoring the endothermic or exothermic direction

Explain how a change in pressure can affect the equilibrium of a chemical reaction.

• A change in pressure has no effect on the equilibrium of a chemical reaction.

• Increasing pressure will cause the reaction to stop completely.

• When pressure is increased, the equilibrium will shift to the side with more gas molecules to reduce the pressure.

• When pressure is increased, the equilibrium will shift to the side with fewer gas molecules to reduce the pressure, and vice versa.

What is the Le Chatelier's principle and how does it affect the equilibrium of a chemical reaction?

• Le Chatelier's principle states that a system at equilibrium will not shift its position regardless of any disturbance

• Le Chatelier's principle only applies to chemical reactions involving gases, not solids or liquids

• Le Chatelier's principle states that a system at equilibrium will always shift in the direction of the disturbance

• Le Chatelier's principle states that if a system at equilibrium is disturbed by a change in temperature, pressure, or concentration of reactants or products, the system will shift its position to counteract the effect of the disturbance.

Define equilibrium in economics and provide an example.

• Equilibrium is when there is no competition in the market

• Equilibrium is when the quantity demanded is greater than the quantity supplied

• Equilibrium is when the price is determined by the demand curve only

• Equilibrium in economics is the state of balance between supply and demand, where the quantity demanded by consumers is equal to the quantity supplied by producers. For example, in a competitive market, the equilibrium price and quantity are determined by the intersection of the supply and demand curves.

Explain the concept of supply and demand in relation to equilibrium in economics.

• Equilibrium is reached when the quantity supplied is greater than the quantity demanded.

• The concept of supply and demand refers to the relationship between the quantity of a good that producers are not willing to sell and the quantity that consumers are not willing to buy.

• The concept of supply and demand refers to the relationship between the quantity of a good that producers are willing to sell and the quantity that consumers are willing to buy. Equilibrium is reached when the quantity supplied equals the quantity demanded.

• Supply and demand have no impact on the equilibrium in economics.

How does the price mechanism help in achieving equilibrium in a market?

• By increasing the taxes on goods and services

• By decreasing the production of goods and services

• By ignoring the demand for goods and services

• By adjusting the supply and demand for goods and services.

What role does government intervention play in maintaining equilibrium in the economy?

• Government intervention helps maintain equilibrium by implementing policies to control inflation, unemployment, and stabilize economic growth.

• Government intervention has no impact on maintaining equilibrium

• Government intervention leads to higher inflation and unemployment

• Government intervention only benefits the wealthy and not the overall economy

Define shortage and explain its impact on the market.

• Shortage has a positive impact on the market by reducing waste and promoting efficiency.

• Shortage has no impact on the market as it only affects a small portion of consumers.

• Shortage has a negative impact on the market as it leads to higher prices and unmet demand.

• Shortage has a positive impact on the market by increasing competition and driving innovation.

What are the causes of shortage in a market and how can it be resolved?

• Stable demand, stable supply, or government intervention; resolved by maintaining the status quo, or increasing government restrictions.

• Increased demand, decreased supply, or government intervention; resolved by increasing production, reducing demand, or removing government restrictions.

• Decreased demand, increased supply, or government intervention; resolved by reducing production, increasing demand, or implementing more government restrictions.

• Decreased demand, increased supply, or natural disaster; resolved by reducing production, increasing demand, or waiting for the market to correct itself.