Refer to the Information Provided in Figure 12 $$D ^ { \prime }$$

question 149

Multiple Choice

Refer to the information provided in Figure 12.3 below to answer the question(s) that follow. Figure 12.3
-Refer to Figure 12.3. The DVD industry is a constant-cost industry. As the demand for DVD players shifts from D to $$D ^ { \prime }$$ , which of the following is least likely to result?

• A) More resources will be allocated to produce DVD players.
• B) The demand for DVDs will increase.
• C) If the market for DVD players is competitive, the price will increase to $5.00 in the short and long run.
• D) If the market for DVD players is perfectly competitive, economic profits in this industry will increase in the short run, but will fall back to zero in the long run.

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Definitions:

Pedigree

A chart constructed to show an inheritance pattern within a family through multiple generations.

Autosomal Recessive

A mode of genetic inheritance where two copies of a gene, one from each parent, are required for an individual to be affected by an inherited condition.

Turner Syndrome

A chromosomal disorder in females characterized by the partial or complete loss of one of the X chromosomes, leading to various developmental abnormalities.

Monosomic

A genetic condition in which an organism is missing one chromosome from a pair, leading to potential developmental abnormalities.