A Human Autosomal Recessive Trait Appears in 1 in 100

question 56

Multiple Choice

A human autosomal recessive trait appears in 1 in 100 births.What percent of people are homozygous dominant for this trait?

• A)0.01
• B)0.10
• C)0.18
• D)0.81

Identify the factors that determine the long-run supply curve's shape in different types of industries.

Understand the supply curve of a price-taker firm in the short run and its derivation.

Explain how market entry barriers affect long-run economic profit and market prices.

Discuss the implications of taxes and government policies on market prices and equilibrium in the short and long run.

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Definitions:

Foreigners

This term refers to individuals or entities that are from a country different from the one in question, often used in the context of economics to discuss foreign investors or workers.

Standard of Living

A measure of wealth, comfort, material goods, and necessities available to people in a certain socioeconomic class or geographic area.

Economic Resources

The inputs used to produce goods and services, including natural resources, labor, and capital.

Consumption

The use of goods and services by households, constituting one of the primary components of GDP.