Stephany Matos Chem Lab: Chemical Equilibrium Lab 52 Synopsis Iron (III) ions react with thiocyanate ions (SCN-) to form iron (III) thiocyanate‚ FeSCN2+. It is represented in the equation below: Fe3+ (aq) + SCN- (aq) FeSCN2+ (aq) Therefor the equilibrium constant for this reaction is: KC = [FeSCN2+]/([Fe3+]•[SCN-] For this experiment we were able to determine the equilibrium constant KC for this reaction. First we prepared five different mixtures with known initial concentrations of
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Global tight gas market is expected to reach USD 59.40 billion by 2020‚ growing at a CAGR of 3.6% from 2014 to 2020. Depleting conventional natural gas reservoirs around the world has prompted the industry to develop unconventional reserves which is expected to remain a key factor driving the market for tight gas. In addition‚ government support in the form of financial incentives and tax holidays is also expected drive the market over the forecast period. Favorable regulatory scenario in China‚
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Price Discrimination in the Mobile Phone Market Mobile phones are nowadays a part of our lives‚ the majority of us use them on a daily basis. Some people use them less frequently‚ when they are away from their homes‚ while for some they have already replaced the old landline phone. Young people use the SMS and MMS services quite often‚ while more senior people limit themselves to just making calls . Some prefer the pay-as-you-go; others have monthly contracts for a flat fee. There are a variety
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Price Price‚ which is one of the most important elements of the marketing mix‚ can be difficult to get right. Pricing too high‚ or low‚ can negatively impact on customer satisfaction and revenue. Adopting a pricing strategy is necessary to achieve desired sales objectives (Chan & Wong 2005). Research indicates that whilst a price reducing strategy‚ which is commonly used in response to strong competition‚ may see short term gains‚ rarely does it attract and retain new customers (Chan & Wong 2005)
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establishes a price ceiling of $3.70 for wheat. What might prompt the government to establish this price ceiling? Explain carefully the main effects. Demonstrate your answer graphically. Next‚ suppose that the government establishes a price floor of $4.60 for wheat. What will be the main effects of this price floor? Demonstrate your answer graphically. Answer: At a price of $3.70‚ buyers will wish to purchase 80‚000 bushels‚ but sellers will only offer 73‚000 bushels to the market. The result is
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single or multivalued mappings is obtained as a corollary of Nash equilibrium existence in finitely many players games. ı Copyright © 2006 Juan Pablo Torres-Mart´nez. This is an open access article distributed under the Creative Commons Attribution License‚ which permits unrestricted use‚ distribution‚ and reproduction in any medium‚ provided the original work is properly cited. 1. Introduction In game theory‚ the existence of equilibrium was uniformly obtained by the application of a fixed point theorem
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Determination of Equilibrium Constants Introduction Bromothymol blue is an indicator for many acid-base titrations. When adding different solutions within the indicator it is to react and change colors‚ in this experiment the different colors were blue‚ green‚ and yellow. In the following experiment‚ obtaining the absorbance levels for each one makes it possible to calculate the equilibrium constant. Materials and Methods For this specific experiment there are a few materials that are crucial
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working together to promote social stability. There is an inherent tendency to balance and equilibrium. The following three points define why Wal-Mart can be analyzed using Structural function theory: They keep their prices low but make profits on high volume and fast turnover. Wal-Mart is most admired for its reputation in cost cutting and low prices. Wal-Mart is known to have very low and cheap prices for their products. It stops the need to go look for a bargain at other stores because
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Introduction: Chemical equilibrium is when the concentrations of the reactants and products have reached a state where reactions occurring in one direction are at the same rate of reactions occurring in the opposite direction. This process‚ called dynamic equilibrium‚ is the main subject of Le Chatelier’s Principle. Le Chatelier pointed out that if a system at equilibrium is subjected to a stress that momentarily causes the system to be not in equilibrium‚ a spontaneous change will occur to
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DISCUSSION Chemical equilibrium and its different applications were studied in this experiment. The Le Chatelier’s principle‚ which is the main principle behind chemical equilibrium‚ states that‚ “If an external stress is applied to a system at equilibrium‚ the system adjusts in such a way that the stree is partially offset as the system reaches a new equilibrium position.”[1] The “stress” can be a change in concentration‚ volume‚ pressure‚ or temperature that disturbs the equilibrium
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