Shelly Testifies in Court That the DNA Recovered at the Crime

question 2

Multiple Choice

Shelly testifies in court that the DNA recovered at the crime scene is likely to come from the suspect because less than 0.0001% of population have this specific genetic marker. This type of identification is called a(n) :

• A) simple match.
• B) match plus statistics.
• C) qualitative statement.
• D) inconclusive statement.

---

Definitions:

Marginal Cost

The expense associated with manufacturing an extra single unit of a product or service.

Profit Maximizing

The process of adjusting production and sale strategies to achieve the highest possible profits.

Economic Profits

Profits calculated by subtracting both explicit and implicit costs from total revenues; represents the extra amount over the payment needed to keep a resource in its current use.

P = ATC

An equation indicating the price level (P) at which the average total cost (ATC) of production is exactly met, often representing a break-even point for firms in competitive markets.