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If the Marginal Utility of a Good Is Negative, Then

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If the marginal utility of a good is negative, then


Definitions:

Michael Reaction

A conjugate 1,4-addition reaction of a carbon nucleophile to an α,β-unsaturated carbonyl compound.

α,β-unsaturated Carbonyl

An organic compound with a double bond between the alpha and beta carbon atoms adjacent to a carbonyl group, participating in various chemical reactions.

PhCOCH

A general formula shorthand for compounds where a benzene ring (indicated by Ph, standing for phenyl) is attached to a carbonyl group (CO) and an additional unspecified group (CH), leading to a variety of possible chemical structures.

Cyclopentanecarboxylic Acid

A cycloalkane derived carboxylic acid, with the carboxyl group attached to a five-membered ring.

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