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How much heat is evolved if 0.600 kg of SO2 is burned in excess oxygen? 2SO2(g) + O2(g) → 2SO3(g) ΔH°rxn = -198 kJ/mol
Excludability
A characteristic of a good according to which it is possible to prevent people who have not paid for the good from consuming it.
Optimal Quantity
The quantity that maximizes a firm or individual's net benefit, often determined through cost-benefit analysis.
Marginal Cost
The rise in expense associated with the production of an extra unit of a product or service.
Negative Externalities
The cost that affects a party who did not choose to incur that cost, often associated with production or consumption of goods and services, such as pollution.
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