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Refer to the information provided in Figure 4.6 below to answer the questions that follow.
Equilibrium in this market occurs at the intersection of curves S and D. Figure 4.6
-In figure 4.6 if price is P1, the deadweight loss due to under production is area
Chlorobenzene
An aromatic organic compound with a chlorine atom substituting one hydrogen atom in benzene, used in the production of pesticides and industrial solvents.
Electrophilic Aromatic Substitution
Electrophilic aromatic substitution is a type of organic reaction in which an electrophile replaces a hydrogen atom in an aromatic ring, forming a new substituent on the ring.
Deactivator
In organic chemistry, a substance that reduces the reactivity of a catalyst or chemical reactant, often by adsorption or by changing its chemical nature.
O,p-director
Substituents in aromatic chemistry that direct incoming substituents to the ortho and para positions on a benzene ring.
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