Examlex
If the specific rotation of the (R) -enantiomer of a compound is −4.8°, what is the specific rotation for the racemic mixture of the compound?
Consumer Surplus
The disparity between the ideal payment consumers are ready to make for a good or service and the real amount paid.
Total Expenditure
The overall amount of money spent by individuals, households, or an economy on goods and services over a specific period of time.
Snob Effect
Negative network externality in which a consumer wishes to own an exclusive or unique good.
Bandwagon Effect
Positive network externality in which a consumer wishes to possess a good in part because others do.
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