Fact checked by Pete Rathburn Reviewed by David Kindness What Are Externalities? An externality is a cost or benefit related to the production or consumption of a good or service that affects third ...

The concept of punctuated equilibrium was, to some, a radical new idea when it was first proposed by Stephen Jay Gould and Niles Eldredge in 1972. Now it is widely recognized as a useful model for ...

There are finally signs emerging of the anticipated EPA27 pre-buy, but it’s coming from vocational truck buyers and not those ...

Ammonia is added to solutions of cobalt, nickel, and copper 2+ cations. First formation of the hydroxide precipitate is seen, then of the ammonia complex. Pour 0.1M solutions of Cu2+, Co2+, and Ni2+ ...

Fact checked by Vikki Velasquez Reviewed by Michael J Boyle Game theory is the study of how and why players make decisions about their circumstances. Using game theory, real-world scenarios for such ...

When a change is made to a system at equilibrium, the position of equilibrium moves to counteract the change that was made. For example, if the temperature is increased, the position of ...

Dilute solutions of Fe(NCS)2+ have their equilibrium positions shifted with the addition of Fe(NO3)3, KSCN, NaOH, and AgNO3. The ferric thiocyanate solution is blood red in color, and the intensity of ...

The Hardy-Weinberg equation is a mathematical equation that can be used to calculate the genetic variation of a population at equilibrium. In 1908, G. H. Hardy and Wilhelm Weinberg independently ...

Andrabi, Tahir, Natalie Bau, Jishnu Das, Asim Ijaz Khwaja, and Naureen Karachiwalla. "Crowding in Private Quality: The Equilibrium Effects of Public Spending in Education." NBER Working Paper Series, ...