Predict the major aldol product of the following reaction.
Definitions:
Market Price
The current price at which an asset or service can be bought or sold in a given market.
Shut Down
A short-term decision by a firm to cease production due to market conditions, not covering variable costs in the short run.
Average Variable Cost
The total variable costs divided by the quantity of output produced.
Perfectly Competitive
A market structure characterized by many buyers and sellers, identical products, and free entry and exit, leading to price determination by supply and demand.
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