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Soft drinks and milk are substitutes for consumers. Draw a graph showing the effect of an increase in the price of milk on the demand for soft drinks.
Major Organic Product
The primary outcome of an organic reaction which is produced in the greatest quantity.
Fischer Esterification
A chemical reaction process that forms an ester from an alcohol and a carboxylic acid in the presence of an acid catalyst.
Acetic Acid
A simple carboxylic acid known as the main component of vinegar, widely used in the food industry and chemical manufacturing.
Methanol
A simple alcohol with the formula CH3OH, used as a solvent, antifreeze, fuel, and as feedstock for chemical synthesis.
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