Examlex
How many moles of aluminum chloride can be obtained from 4.5 moles of aluminum and excess chlorine? Al + CL₂ → AlCL₃
Herfindahl Index
A measure of market concentration to assess the competitive landscape, calculated by summing the squares of the market shares of all firms in the industry.
Concentration Ratio
A measure used to assess the degree of market concentration, quantifying the market share held by the largest firms within an industry.
Equal Percentage
A rate or proportion where the same fraction or share applies uniformly across different scenarios or entities.
Pure Monopoly
A market structure characterized by a single seller selling a unique product in the market, resulting in significant control over pricing and market supply.
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