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The demand for a textbook written by Schwarz and Mobley is Q = 20,000 - 50P; supply is Q = 2,000 + 100P.Students complain about the high price of textbooks,resulting in a price ceiling and,unfortunately,a shortage of texts.Below what price will shortages occur?
Phenol
An aromatic compound consisting of a benzene ring bonded to a hydroxyl group (-OH).
Ethanol
A volatile, flammable, clear liquid also known as alcohol, used as a solvent, in the manufacture of various chemicals, and as an intoxicant.
Acetic Acid
A weak carboxylic acid with the formula CH3COOH, known for its sour taste and pungent smell, used in vinegar.
Carbonyl
A functional group consisting of a carbon atom double-bonded to an oxygen atom, central to various organic compounds including aldehydes and ketones.
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