The Large Increase in the Price of Oil and in the Total

question 30

True/False

The large increase in the price of oil and in the total revenues and profits of the US oil industry in the 1990's are evidence that it was exercising monopoly power.

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Definitions:

Chemiosmosis

Chemiosmosis is the movement of ions across a selectively permeable membrane, down their electrochemical gradient, fundamental in processes like ATP synthesis in cells.

Proton Gradient

A gradient formed by the difference in proton concentrations across a membrane, often used to generate ATP in cellular respiration and photosynthesis.

Mitochondrial Membrane

The membrane that encloses the mitochondrion, consisting of an outer membrane and an inner membrane with folds known as cristae, where energy production occurs.

Citric Acid Cycle

A key component of cellular respiration, this cycle processes acetyl-CoA to produce energy, NADH, FADH2, and carbon dioxide.