The Possible Developmental Outcomes Established by a Person's Genotype in the Environment

question 40

Multiple Choice

The possible developmental outcomes established by a person's genotype in the environment in which development takes place is referred to as:

• A)niche picking
• B)gene-environment interaction
• C)active gene-environment association
• D)reaction range

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Definitions:

Marginal Benefit

The maximum price a consumer will be willing to pay for an additional unit of a product. It is the dollar value of the consumer’s marginal utility from the additional unit, and therefore it falls as consumption increases.

Opportunity Cost

The loss of potential gain from other alternatives when one alternative is chosen over others.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually do pay.

Price Elasticity

The determination of how price alterations influence the market demand for a commodity.