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Two parents produced two embryos through in vitro fertilization.One of these embryos was found to have a normal genotype,and the other was found to be a heterozygous carrier for cystic fibrosis.These parents chose to have both placed in the womb.Use of the carrier embryo increased their chance of having a child,and they were willing to pass on a harmful allele to satisfy their own desire to procreate.Based on your knowledge of genetic disease,what would you say about the ethics of their decision?
Maximizing Profit
It refers to the process whereby businesses aim to increase their earnings to the highest possible level by optimizing their operations and resource utilization.
Competitive Price-Searcher
A market participant who sets prices based on the prices of competitors, often in markets with differentiated products.
Demand Conditions
Factors that affect the willingness and ability of consumers to purchase goods and services at various prices.
Economic Profit
The total revenue of a firm minus its explicit and implicit costs, representing the surplus income over and above what is needed to keep its resources in their next best alternative use.
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