A Plasmid

question 38

Multiple Choice

A plasmid

• A)is a small piece of DNA that is often isolated from bacterial chromosomes for cloning purposes.
• B)is a big linear piece of DNA that is often isolated from bacterial chromosomes for cloning purposes.
• C)is a small circular DNA in bacteria that is partially associated with the chromosome.
• D)is a small circular DNA in bacteria that is completely associated with the chromosome.
• E)is a small circular DNA in bacteria that is completely separated from the chromosome.

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Definitions:

Average Fixed Cost

The costs in production that remain constant regardless of output level, when divided by the produced output quantity.

Economic Profit

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, representing the excess over the firm's opportunity costs.

Purely Competitive Seller

A market participant who has no control over the price of the product it sells because the market sets the price through supply and demand.

Total Cost

The sum of fixed and variable costs used in producing goods or services.