The ketone carbonyl group in the following compound is on the α carbon atom. 
Definitions:
Imperfectly Competitive
Refers to market structures that do not meet the criteria of perfect competition, involving elements like monopolies or oligopolies.
Marginal Product
The additional output that is produced by adding one more unit of a specific input, keeping other inputs constant.
Profit-Maximizing Output
The level of production at which a firm can achieve the highest possible profit, considering its cost structure and the market price.
Wage Rate
The amount of compensation offered per unit time or piece of work to an employee.
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