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Bubble in Economics

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Bubbles - the fascinating little spheres of air trapped within a thin layer of liquid - are more than just a fun pastime for children. They are a captivating subject for scientific study, a source of inspiration for artists, and a symbol of joy and innocence in popular culture. Let's dive into the world of bubbles and discover what makes them so fascinating. Bubbles are formed when air is trapped within a thin layer of liquid, such as soap, water, or soda. This creates a surface tension that holds the bubble together, and the air inside the bubble expands until it reaches a point where the surface tension can no longer hold it together. When the bubble pops, the air is released, and the liquid evaporates, leaving a residue of soap or other material. Scientists have been fascinated with bubbles for centuries, studying their properties and behaviour. In the 18th century, French physicist Jacques Charles studied the properties of gases and discovered that the volume of a gas is propor...