If Both the Mother and the Father Are Carriers for the Cystic

question 8

Multiple Choice

If both the mother and the father are carriers for the cystic fibrosis gene, what are the chances that their child will be a cystic fibrosis carrier?

• A) 0%
• B) 25%
• C) 50%
• D) 75%

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Definitions:

Long Run

A period in which all factors of production and costs are variable, allowing for all adjustments to be made within a market or economy.

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for competition based on quality, brand, and price.

Deadweight Loss

A loss of economic efficiency that can occur when the free market equilibrium for a good or a service is not achieved, leading to a loss of total societal welfare.

Economic Profits

Profits exceeding the opportunity costs of a firm's resources, indicating it is surpassing the next best alternative.