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Economic surplus is the total of the producer surplus and the consumer surplus. In mainstream economics, economic surplus, also known as total welfare or Marshallian…

Deadweight loss is defined as the loss to society that is caused by price controls and taxes. A deadweight loss, also known as an excess…

The truth that the only way of addressing this issue is for people and companies in the world to commit and adopt pollution-reduction policies at…

Plastic Pollution was the accumulation in plastic objects as well as particles (examples plastic bottles, pouches) as well as microbeads in the life on earth…

Phosphorus is in Period 3 and Group 15 of the periodic table. It has 15 protons, so it has the atomic number 15. This also…

Phosphorus is an element that one will under no circumstances find freely in our environment. It is extremely reactive. Phosphorus is in Period 3 and…

Human behavior is often confusing and inexplicable to observers. The media bombards us with references to post-traumatic stress disorder, psychotic behavior, and even the assurance…

Excise Duty is a tax that is designed to discourage the purchase of particular goods. It is an inland tax imposed on those products, ‘…

Conglomerate (/kənˈɡlɒmərɪt/) is a clastic sedimentary rock consisting of rounded fragments greater than 2 millimetres (0.08 inch) in diameter. The rounding of the clasts show…

A Pigovian tax is a tax on any market activity that generates negative externalities (costs not included in the market price). It is a government…

Introduction: For several centuries, the environment has provided habitation for humans and numerous organism but the insatiable needs of humans have driven them to devise…

In chemistry, a ketone is a functional group with the structure RC(=O)R’, where R and R’ can be a variety of carbon-containing substituents. It is…