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The reaction between acetic acid (CH3COOH) and methanol (CH3OH) is given below, followed by a list of changes that could be made to the reaction. Which of these changes will result in the equilibrium shifting to the left?
Fixed Input
A production factor that remains unchanged regardless of the level of output in the short run.
Marginal Product
The additional output generated by employing one more unit of a particular input, keeping other inputs constant.
Units of Labor
Measurements used to quantify the work input by labor forces, often referring to hours worked or number of workers.
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