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The reaction for the oxidation of NH3 is given as: 4 NH3 + 5 O2 → 4 NO + 6 H2O
Under certain conditions the reaction will proceed at 29.8% yield of NO.How many grams of NH3 must be made to react with excess oxygen to yield 70.5 g of NO?
Binding Price Floor
A binding price floor is a government-imposed limit on how low a price can be charged for a product or service, set above the equilibrium price, leading to potential surpluses.
Surplus
The excess of supply over demand in a market, resulting in lower prices.
Shortage
A situation in which demand for a product exceeds its supply in a market.
Price Floor
A government- or authority-imposed minimum price that can be charged for a particular good or service, intended to prevent prices from falling below a certain level.
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