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(2) gives theproduct C in about the same yield as in the case of the eq 1. However, whereas the synthesis described by eq 2 takes place also in water7 (as A and B are highly water soluble), eq 1 rep-resents a case in which enzymes could have not been used in aqueous solution dueto the poor solubility of A.(6) For a compound present in hydrocarbon micellar solutions, and soluble in the water pool, one can define two types of concentration: an overall, Cov, referred to theentire volume (water plus hydrocarbon) or a water pool con-centration, ewp, referred only to the volume of water. 3'For a compound only soluble in the water pools, the two numbers are related by the simple equation