What Is the Correct Name for the Following Organic Structure

question 52

Multiple Choice

What is the correct name for the following organic structure?
CH₃CH₂CH₂CHClCH₂CH₂CH₂COOH

• A)octanoic acid
• B)octylchloride
• C)5-octylchloride
• D)5-chlorooctanoic acid
• E)4-chlorooctanoic acid

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Definitions:

Consumer Surplus

The economic benefit consumers receive when they pay less for a product or service than what they were willing to pay.

Total Surplus

The total societal benefits from trading a good or service, encapsulated by the combination of consumer surplus and producer surplus in a market.

Average Total Cost

The total cost divided by the quantity produced, denoting the cost per unit of production.

Natural Monopoly

A market structure where a single supplier is most efficient in producing the goods due to high fixed or startup costs, making it unfeasible for new entrants to compete.