Each of the Following Is True Except

question 148

Multiple Choice

Each of the following is true except

• A) obesity tends to run in families.
• B) researchers have identified a gene in mice that leads to obesity.
• C) the weight of adopted children correlates more closely with that of their birth parents than with that of their adoptive parents.
• D) obese individuals are more likely to suffer from anxiety and depression than other people.

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Definitions:

Inputs

The resources used in the production process, including labor, raw materials, and capital.

Least Costly

Refers to the option that requires the smallest amount of expense or effort to achieve a given outcome.

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogeneous product, and free entry and exit, leading to efficient outcomes.

Profit-Maximizing Condition

The state in which a firm's marginal cost is equal to its marginal revenue, aiming to achieve the highest possible profit.