Upon the Completion of the Human Genome Project,several Surprise Findings

question 82

Multiple Choice

Upon the completion of the Human Genome Project,several surprise findings were made,including all the following EXCEPT that:

• A) humans have far fewer genes than had previously been thought.
• B) humans are extremely genetically different from each other.
• C) almost all genes are present in every human being.
• D) the genetic codes for humans and chimpanzees are 98 percent the same.

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Definitions:

Demand Curve

A graph depicting the relationship between the price of a good and the quantity demanded, typically showing a downward slope.

Unit Elasticity

A situation in which the percentage change in quantity demanded or supplied is equal to the percentage change in price.

Total-revenue Curve

A graphical representation showing how the total revenue of a firm changes as the quantity sold of its product varies.

Linear Demand Curve

A graphical representation of the relationship between the price of a good and the quantity demanded, characterized by a straight line.