W Results of the Human Genome Project Include Which of the Following

question 12

Multiple Choice

W Results of the human genome project include which of the following?

• A) Development of new treatments for diseases
• B) Shedding light on the theory of human evolution
• C) Finding genetic sources for certain traits
• D) Predicting the possibility of acquiring certain diseases
• E) All of the above
• F) None of the above

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Definitions:

Block Pricing

A pricing strategy where different quantities of a product or service are sold at different prices, usually implying that larger quantities are sold at a lower per-unit price.

First-Degree Price Discrimination

Practice of charging each customer her reservation price.

Marginal Revenue

The increase in revenue resulting from the sale of one additional unit of a product or service.

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually do pay.