Examlex
Use the following information to answer the following questions.
A transfer RNA (#1) attached to the amino acid lysine enters the ribosome. The lysine binds to the growing polypeptide on the other tRNA (#2) in the ribosome already.
-Which enzyme causes a covalent bond to attach lysine to the polypeptide?
Cartels
Groups of independent market participants who collude to control prices and production in an industry, often illegally.
Price Leadership
A market strategy where one leading company sets the price of goods or services, and other companies in the sector follow suit.
Covert Collusion
An implicit, non-public agreement between firms to fix prices, limit production, or divide markets, without explicit communication.
Allocative Efficiency
A state of the economy where resources are allocated in a way that maximizes the overall benefit to society.
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