____ Is the Ability of a Firm/industry,under Free and Fair

question 28

Multiple Choice

____ is the ability of a firm/industry,under free and fair market conditions,to design,produce,and market goods and services that are better and/or cheaper than those of other firms/industries.

• A) Competitiveness
• B) Protectionism
• C) Comparative advantage
• D) Absolute advantage

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Definitions:

Polymorphism

The occurrence of something in multiple forms or variants, frequently used in genetics to describe the variation in DNA sequence among individuals.

Homologous Pairs

Pairs of chromosomes, one inherited from each parent, that contain the same genes at the same loci but may have different alleles.

Karyotypes

The complete set of chromosomes in an individual organism's cell, used for studying chromosome anomalies.

Genomes

The complete set of genes or genetic material present in a cell or organism.