Examlex
When alkanes react with chlorine in the presence of ultraviolet light,chlorine atoms substitute for one or more alkane hydrogen atoms.What is the number of different chloroalkane compounds that can be formed by the reaction of C2H6 with chlorine?
Paradox of Voting
The situation where individual rationality leads to a collective decision that is worse for everyone involved.
Principal-agent Problems
Situations where there is a conflict of interest between a principal (such as an owner or shareholder) and an agent (such as a manager), due to diverging goals or asymmetrical information.
Industrial Regulation
Government rules and regulations aimed at controlling the activities, standards, and behaviors within specific industries to ensure fairness, safety, and competition.
Natural Monopoly
A market condition where a single supplier is most efficient in providing goods or services due to high fixed or startup costs.
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