What Are Polygenic Traits Determined By

question 80

Multiple Choice

What are polygenic traits determined by?

• A)dominant genes
• B)the combined influence of many genes
• C)a genetic mutation
• D)the combined influence of a recessive and a dominant gene

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Definitions:

Profit-Maximizing Monopoly

A monopoly that adjusts its output level to where marginal costs equal marginal revenues to achieve the highest possible profit.

Additional Unit

In economics, refers to the next item or unit of production, used in analyzing the costs and benefits of producing one more unit of a good or service.

Average Total Cost

The total cost of production (fixed plus variable costs) divided by the total quantity produced, representing the cost per unit of output.

Monopolist Profit

The profit earned by a monopolist, which arises from controlling the market supply of a good or service and setting prices above marginal costs.