Most of the substances we use in our everyday lives are manufactured; very few are likely to be used in their natural state. The cost of making new and useful substances varies. Here are the factors:
- Cost of starting materials
Different starting materials cost different amounts. If unreacted materials are recycled.
- Cost of the equipment (plant) needed
Complex machinery and high pressures increase the cost of the plant.
The more workers needed the higher the cost. Cost may be reduced if process is automated.
- Price of the energy needed
Gas and electricity are expensive. Use of high temperatures increase energy cost.
- The speed at which the new substance is made
Catalysts increase rate of chemical reactions, reducing costs.
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