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Instructions:
Choose the best reagent(s) for carrying out the following conversions from the list provided below. Place the letter of the best choice in the blank. Reagents may be used more than once.
1. , ethanol
2.
1. , ether
2.
periodinane Refer to instructions. _____
Market Failure
A scenario in which the distribution of goods and services through a free market fails to be efficient, frequently resulting in a decrease in net social welfare.
Negative Externalities
Costs experienced by someone who is not directly involved in the production or consumption of a good or service.
Positive Externalities
Benefits experienced by third parties or society at large as a result of an economic activity, without the third party incurring any cost.
Public Goods
Goods that are non-excludable and non-rivalrous, meaning no one can be prevented from using them and one person's use does not reduce availability to others.
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