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The lens formula relating the image distance, p , to the focal length, f , and object distance, s , is
The magnification of a lens is
A movie projector is equipped with a 0.5-m focal length lens that is positioned 0.505 m in front of the film. The distance in front of the lens that a screen must be placed for an image to be in focus is 50.5 m.
Tragedy of the Commons
A situation in which individual users of a shared resource act in their own interest, depleting or degrading the common resource.
Negative Externality
A cost suffered by a third party as a consequence of an economic transaction in which they were not involved.
Common Resource
A resource like air or water, that provides users with tangible benefits but is difficult to exclude nonpaying users from consuming or depleting.
Publicly Owned
A description for businesses or assets owned by the government or the public sector, often emphasizing their accountability and service to the public rather than profit motive.
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