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Exhibit 8-1
For the following questions, consider the equation below. Zinc will react with a solution of hydrochloric acid to produce hydrogen gas:
Zn(s) + 2 HCl(aq) ZnCl2(s) + H2(g)
-Refer to Exhibit 8-1. How many moles of hydrochloric acid react with one mole of zinc?
Market Failure
A scenario where the distribution of goods and services by an unregulated market fails to be effective, frequently causing a decrease in overall social welfare.
Communist Countries
Nations where the government controls most forms of economic activity and property is commonly owned.
Scarce Resources
Scarce resources are resources that are limited in availability and cannot satisfy all the wants and needs of an economy or population.
Allocate
To distribute resources or duties for a specific purpose according to a plan.
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