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The phase diagram for CO2 is given below.The triple point is at 5.1 atm and 217 K. What happens if CO2(l) at 30 atm and 450 K is released into a room at 1 atm and 298 K?
Coase Theorem
An economic theorem which states that if property rights exist, only a few transactions cost, and externalities can be traded, then the allocation of resources will be efficient and invariant of who owns the rights.
Impediments To Bargaining
Factors that obstruct or hinder the negotiation process between parties, potentially leading to inefficiencies or failure to reach an agreement.
Liability Rules
Legal principles that define the obligations of parties to compensate for damages or losses they have caused.
Compensate
To make amends or give an equivalent to someone for loss, damage, or suffering experienced.
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