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Sulfur trioxide can undergo decomposition according to the equation 2SO3 2SO2 + O2
For this reaction, rate = -0 0.5[SO3]/t = k[SO3]2. If the reaction rate is 1.75 × 10-7 mol L-1 min-1 when the concentration of sulfur trioxide is 5.4 × 10-3 mol L-1, what is the value of the rate constant k?
Herfindahl Index
A measure of market concentration used to evaluate the level of competition within an industry, calculated by summing the squares of the market shares of all firms in the industry.
Four-Firm Concentration Ratio
A measure of market concentration that indicates the combined market share of the four largest firms in an industry.
Productive Efficiency
A situation where a good or service is produced at the lowest possible cost.
Allocative Efficiency
A state of the economy in which resources are allocated in a way that maximizes the total benefit to society.
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