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Balance the following skeletal equation: HCl(g) + O2(g) → H2O(l) + Cl2(g)
Economists
Professionals who study the production, distribution, and consumption of goods and services.
Deregulation
The reduction or elimination of government power in a particular industry, usually with the aim of creating more competition within the industry.
Monopoly
A market structure characterized by a single seller who has exclusive control over the supply and pricing of a unique product or service.
Negative Externalities
Unintended and unfavorable side effects of an economic activity that affect third parties not involved in the activity.
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