83.2% of the original 14Carbon atoms present in the wooden framing of the ancient building at the time of its construction are still present today.
The half-life of Carbon-14 (14C) is 5,730 years, which means that after this time, half of the 14C atoms in a sample will have decayed. Using this information, we can estimate the proportion of remaining 14C atoms in the wooden framing of an ancient building that was constructed 3,000 years ago.
Since 3,000 years have passed, we can calculate the number of half-lives that have occurred by dividing the time elapsed (3,000 years) by the half-life of 14C (5,730 years). In this case, approximately 0.524 half-lives have occurred (3,000 / 5,730 ≈ 0.524).
With each half-life, the number of 14C atoms is halved. Therefore, after 0.524 half-lives, the proportion of remaining 14C atoms in the wooden framing can be estimated to be approximately [tex]0.5^{0.524}[/tex], which is about 0.832 or 83.2%. The rest have decayed over time. It is worth noting that this estimation assumes a constant rate of decay and no additional 14C uptake or loss since the construction of the building.
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A precondition for perfect competition is that
the product should be homogeneous. True or false
The given statement, "A precondition for perfect competition is that the product should be homogeneous" is true.
Perfect competition is a market structure in which numerous small firms compete against each other with identical or homogeneous products, and no one firm can influence the market price independently.
In a perfectly competitive market, there is free entry and exit of firms, perfect knowledge of the market, and no barriers to entry.What does homogeneous mean?Homogeneous products refer to goods or services that are identical or very similar in nature and have the same level of quality and features. Examples of homogeneous products include agricultural goods, basic raw materials, commodities, and so on.
In perfect competition, all firms offer identical products to customers. Homogeneous products are essential to ensure that no single firm has an advantage over others in terms of quality or price. If there were differences in quality or price, customers would prefer to buy from the firm with the lowest price or highest quality. This would give that firm a competitive advantage over others in the market.
As a result, it would no longer be a perfectly competitive market, since one firm could influence the market price independently. Therefore, the precondition for perfect competition is that the product should be homogeneous, which means that all firms should offer identical or very similar products to their customers.
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