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Imagine that behavioural geneticists have found a way to measure the characteristic of "punctuality." The correlation between twin pairs is .75 for identical twins and .30 for fraternal twins.Based on this information,what would a behavioural geneticist conclude about the influence of genes and environment on this trait?
Inferior Good
A type of good for which demand decreases as the income of individuals increases, opposite to normal goods.
Normal Good
A good for which demand increases when income increases, and falls when income decreases but price remains constant, showing a direct relationship between income and demand.
Income Elasticity
A measure of how much the demand for a good or service changes in response to a change in consumers' income levels.
Normal Good
A good for which demand increases as consumer income rises, and decreases as consumer income falls.
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