Examlex
What is the total energy of a proton moving at a speed of 2.00 x 108 m/s? (proton mass is 1.67 x 10-27 kg and c = 3.00 x 108 m/s)
Net Social Gain
The overall benefit to society from an economic transaction, after subtracting costs.
Barriers To Entry
Factors that make it difficult for new competitors to enter a market.
Net Social Cost
The total monetary cost of the negative externalities produced by an activity or production, minus any benefits.
Rent-Seeking Behavior
Activities aimed at increasing one's share of existing wealth without creating new wealth, often through manipulation or exploitation of the economic environment.
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