Examlex
How many grams of oxygen gas will be produced in the electrolysis of water, for every gram of hydrogen gas formed? Reaction: 2H2O(l) → 2H2(g) + O2(g)
Single-Tax Movement
A political and economic movement that advocates for a single tax, often on land, to replace all other taxes, based on principles advocated by Henry George.
Allocative Efficiency
A state of resource allocation where it is impossible to make any one individual better off without making someone else worse off.
Private Ownership
The legal right held by individuals or corporations to have exclusive control over and use of property, assets, or commodities.
Opportunity Cost
Opportunity cost is the value of the next best alternative forgone as the result of making a decision.
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