Examlex
A telescope is used to view two small lights separated by 2.0 cm at a distance of 500 m.What minimum objective lens diameter is needed to just resolve these objects if their wavelength is 656 nm?
Sherman Act
A landmark U.S. antitrust law passed in 1890 that prohibits monopolistic business practices and encourages competition.
Monopoly
A market condition where a single company or entity exclusively controls a particular commodity or service, often leading to less competition and higher prices.
Public Regulation
The imposition of rules by the government aimed at influencing or controlling certain activities within the economy or society for the general welfare.
Natural Monopolists
Natural monopolists are entities that can provide a good or service at a lower cost than any potential competitor due to economies of scale, making a single provider more efficient than multiple competing ones.
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