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Provide a detailed, stepwise mechanism for the base-mediated transesterification of methyl benzoate with sodium ethoxide.
Economic Theory
A set of principles and frameworks designed to explain and predict patterns in economic activities, consumption, production, and trade, among other aspects.
Reduction in Prices
A decrease in the cost of goods or services, typically resulting from factors like increased supply, decreased demand, or governmental intervention.
Recessionary Conditions
Economic circumstances characterized by a decline in GDP, employment, and trade lasting for a period of time.
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