Antoine and Mathieu Are Identical Twins

question 37

Multiple Choice

Antoine and Mathieu are identical twins. Mathieu is gay. What is the likelihood that Antoine is also gay?

• A) 12 per cent
• B) 27 per cent
• C) 37 per cent
• D) 52 per cent

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Definitions:

MC Curve

A graph representing the marginal cost of producing each additional unit of output in a firm or economy.

Monopolist

A monopolist is a sole provider of a good or service in a market, possessing significant control over prices and market conditions due to lack of competition.

Total Costs

The complete sum of expenses for the creation of goods or the delivering of services, including both unchanging and variable costs.

Total Revenue

The overall revenue produced from selling goods or services prior to subtracting any expenses.