Why Is the DNA of a Human So Similar to the DNA

question 4

Multiple Choice

Why is the DNA of a human so similar to the DNA of a chimpanzee?

• A) Although humans and chimpanzees have different ancestors, they faced the same environmental challenges and, therefore, evolved in similar ways.
• B) Chimpanzees evolved as a result of the hybridization of Neandertals and the ancestors of modern humans.
• C) Since all organisms evolved from the same original life form, they all have essentially the same DNA. The 1 percent difference in DNA sequences that exists between all organisms is responsible for the diversity of life on Earth.
• D) Humans and chimpanzees share a very recent common ancestor.

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Definitions:

Monopolistically Competitive

A market structure where many companies sell products that are similar but not identical, allowing for some degree of market power and pricing above marginal cost due to product differentiation.

Monopolies

Market circumstances where a single entity or group exclusively controls the supply of a particular good or service, often leading to limited choices and higher prices for consumers.

Demand Schedule

A table or graph showing the quantity of a product or service that consumers are willing and able to purchase at various prices.

Economic Profit

The total revenue of a business minus its explicit and implicit costs, representing the profit beyond the next best alternative use of resources.