Examlex
In a system composed of an ideal gas contained in a cylinder fitted with a piston,a reversible adiabatic expansion causes the temperature of the gas to drop because
Free Market Ethics
Ethical principles that support or relate to the functioning of unregulated markets and the voluntary exchange between parties.
Milton Friedman
An influential American economist known for his advocacy of free markets, limited government, and a pioneering contributor to the fields of economics and statistics.
Social Responsibility
The idea that businesses should balance profit-making activities with activities that benefit society; it involves developing businesses with a positive relationship to the society in which they operate.
Profits
The financial gains obtained after subtracting the costs and expenses from the total revenue generated by a business or investment.
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