Match Each Functional Group to Its Description

question 49

Multiple Choice

Match each functional group to its description:
-Carboxylic acid

• A)Found in many molecules responsible for the aromas of fruits such as bananas, pineapples, oranges.
• B)Found in the active component of vinegar.
• C)Found the molecules responsible for the smell of rotting fish and bad breath.
• D)Found in the active component of nail polish remover.
• E)Has general formula R-OH.
• F)Found in molecules that can be used as anesthetic for surgical procedures.

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Definitions:

Herfindahl Indexes

A measure of market concentration used to determine the level of competition among firms within an industry, calculated by summing the squares of the market shares of each firm.

Concentration Ratio

A measure of the total market share that is controlled by a specified number of the largest firms within an industry, indicating the level of market competition.

Mutual Interdependence

A situation in which a change in price strategy (or in some other strategy) by one firm will affect the sales and profits of another firm (or other firms). Any firm that makes such a change can expect its rivals to react to the change.

Price Competition

A market strategy where companies reduce prices to attract consumers, often leading to a race to the bottom.