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Based on the data presented below,which is the strongest reducing agent? PbI2(s) + 2e- Pb(s) +2I-(aq) E° = -0.365 V
Ca2+(aq) + 2e- Ca(s) E° = -2.868 V
Pt2+(aq) + 2e- Pt(s) E° = 1.18 V
Br2(l) + 2e- 2Br-(aq) E° = 1.066 V
New Producers
Entities or individuals that have recently entered a market to offer goods or services.
Producer Surplus
The difference between the amount producers are willing to sell a good for and the actual amount received from the sale, indicating the benefit to producers.
Supply Curve
A visual diagram illustrating the correlation between a product's price and the amount of it suppliers are prepared to produce.
Equilibrium Price
The market price where the quantity of goods supplied is equal to the quantity of goods demanded.
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