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Determine the concentration of CO32- ions in a 0.18 M H2CO3 solution.Carbonic acid is a diprotic acid whose Ka1 = 4.3 × 10-7 and Ka2 = 5.6 × 10-11.
Perfect Price Discrimination
A pricing strategy where a seller charges the maximum possible price for each unit consumed that buyers are willing to pay, capturing the entire consumer surplus.
First-degree Price Discrimination
A pricing strategy where a seller charges the maximum possible price for each unit consumed, tailored to the buyer's willingness to pay.
Incremental Revenue
The additional income received from selling one more unit of a product or service.
Marginal Revenue
The additional income received from selling one more unit of a good or service; it is a critical concept in deciding the optimal quantity of goods to produce.
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