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A microbiologist inoculates a flask of broth to a concentration of 100 bacterial cells per ml. The generation time of the species is 1 hour, and there is no lag phase. How long will it be before the culture contains more than 6,000 cells per ml?
Prime Rate
The interest rate that banks charge their most creditworthy customers, often used as a benchmark in lending rates.
Covert Collusion
A secret agreement between firms to fix prices or divide the market to limit competition, which is illegal in many jurisdictions.
Oligopolist
A market participant in an oligopoly, a market structure with a small number of firms dominating the industry.
Cigarette Industry
A sector focused on the manufacturing, marketing, and distribution of cigarettes, often scrutinized for health concerns related to smoking.
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