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Exhibit 20-2
Consider the data below to answer the following question(s).
When CO2 is bubbled through an ether solution of benzylmagnesium bromide,and the resulting mixture is acidified,phenylacetic acid is produced.Any unreacted benzylmagnesium bromide is converted to toluene in the acidification step.
-Refer to Exhibit 20-2.Write the complete reaction sequence for the process described above.
Equilibrium Price
This is the price at which the quantity of goods supplied matches the quantity of goods demanded, resulting in market equilibrium.
Demand Curve
A graph depicting the relationship between the price of a good and the quantity demanded by consumers at those prices.
Ceteris Paribus
A Latin phrase meaning "all other things being equal," used in economics to isolate the effect of one variable by holding other influencing factors constant.
Equilibrium Price
The market price at which the supply of an item equals the demand for the same item.
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