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A beer-making microbiologist noticed that no matter how long the brewing process went, 3% alcohol was the maximum produced. Hypothesize what is causing this low level of alcohol in reference to the brewer's recipe and recommend how a higher alcohol yield could be achieved. Ethanol is toxic at high concentrations, but ignore this factor to focus on microbial metabolism.
Total Costs
The complete amount of expenses incurred by a business or project, including both fixed and variable costs.
Money Market Instruments
Short-term financial instruments typically with high liquidity and very low risk.
Default Rates
The frequency at which borrowers fail to make payments on their loans or securities according to the terms agreed upon.
Maturity
The date on which the principal amount of a financial instrument, such as a bond or loan, is due to be paid in full.
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