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Why is ethanol not a viable solvent in the synthesis of Grignard reagents?
Productivity
The measure of how efficiently goods and services are produced, often expressed as the ratio of outputs to inputs.
Diminishing Returns
An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain at a constant.
Average Total Cost (ATC)
ATC refers to the per-unit cost of production, calculated by dividing the total costs by the quantity of output produced.
Diseconomies of Scale
Increases in the firm’s per-unit costs associated with increases in firm size due to inefficiencies and monitoring problems.
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