Examlex
When using bacteria to clone a human gene and express its product,as in the case of insulin,the gene cannot contain introns because bacteria do not have the enzymes to process mRNA.How do scientists overcome this challenge?
Dilemma of Regulation
The challenge of finding the right balance in regulatory policies, where too much regulation can stifle innovation and economic growth, while too little can lead to market failures and exploitation.
Natural Monopolies
Situations in which a single firm can supply a good or service to an entire market more efficiently than multiple firms could, often due to high infrastructure costs making competition impractical.
Allocative Efficiency
An economic state where resources are allocated in a way that maximizes the net benefit to society, considering both production and desires of consumers.
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