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If a Program Requires People to Pay a Price That

question 156

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If a program requires people to pay a price that reflects the cost of an externality associated with their actions that they previously did not pay, it will be in their best interest to change their behavior.


Definitions:

Homolytically

Referring to homolytic cleavage, a process where a chemical bond is evenly split and each of the bonded atoms retains one of the shared electrons.

ΔS°

Represents the standard entropy change of a reaction, indicating the variation of randomness or disorder in a system at standard conditions.

Combustion

A chemical reaction where a substance combines with oxygen to release heat and often light.

Bond Dissociation Energies

The energy required to break a bond homolytically, resulting in two radical fragments, important for understanding reaction kinetics.

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