What Is Metagenomics

question 30

Multiple Choice

What is metagenomics?

• A)genomics as applied to a species that most typifies the average phenotype of its genus
• B)the sequence of one or two representative genes from several species
• C)the sequencing of only the most highly conserved genes in a lineage
• D)sequencing DNA from a group of species from the same ecosystem

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Definitions:

Fringe Firms

Fringe firms are smaller companies in a market that compete alongside the larger, dominant firms, typically having a minimal market share.

Competitive Firms

Companies that operate in a market where no single producer or consumer has the market power to influence prices significantly.

Oligopolistic Market Outcomes

In an oligopolistic market structure, outcomes often include limited competition, price stability or price wars, and potential for collusion among the few dominant firms.

Prisoners' Dilemma

A fundamental problem in game theory showing why two individuals might not cooperate, even if it appears that it is in their best interest to do so.