Good X Is Measured on the Horizontal Axis and Good

question 2

Multiple Choice

Good X is measured on the horizontal axis and good Y is measured on the vertical axis.The marginal rate of substitution is

• A)the relative price of good X in terms of good Y.
• B)the relative price of good Y in terms of good X.
• C)the rate at which a consumer will give up good Y to obtain an additional unit of good X while remaining indifferent.
• D)the rate at which a consumer will give up good X to obtain an additional unit of good Y while remaining indifferent.
• E)equal to the magnitude of the slope of the budget line.

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Definitions:

Mismatch Repair

A cellular mechanism that corrects DNA replication errors by removing and replacing incorrectly paired nucleotides.

Incorrectly-Paired Nucleotides

Mismatched pairs of nucleotides that occur during DNA replication or repair, potentially leading to mutations.

Telomeres

The protective caps at the end of chromosomes that prevent the genome from deteriorating or fusing with neighboring chromosomes.

Chromosomes

Thread-like structures located within the nucleus of animal and plant cells, made of protein and a single molecule of deoxyribonucleic acid (DNA).