chemistry for health sciences quizlet Related

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In March 2008, gold reached a milestone value of $1000 per troy ounce. At that price, what was the cost of a gram of gold? (1 troy ounce = 10 g)

  • A. less than $1
  • B. between $1 and $10
  • C. between $10 and $50
  • D. between $50 and $100
Correct Answer: C

Rationale: To find the cost of a gram of gold at $1000 per troy ounce, we divide $1000 by 10 (since 1 troy ounce = 10g). This gives us $100 per gram. Therefore, the correct answer is C: between $10 and $50. Option A is incorrect as it is less than $1, option B is incorrect as it is between $1 and $10, and option D is incorrect as it is between $50 and $100.