-Bob Is the Only Carpet Installer in a Small Isolated

question 18

Multiple Choice

-Bob is the only carpet installer in a small isolated town.The above figure shows the demand curves of two distinct groups of customers-residential and business.If the marginal cost of installing carpet is a constant $1 per sq yard,what price does Bob charge each segment?

• A) $1 in each market
• B) $5.50 in the residential market and $8 in the business market
• C) $1 in the residential market and $5 in the business market
• D) $10 in the residential market and $15 in the business market

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Definitions:

Exogenous Genetic Material

Material from outside the organism that is inserted into its genetic code, typically through viruses or genetic engineering.

Disruptive Selection

Disruptive selection is a type of natural selection that favors individuals with extreme phenotypes over those with intermediate phenotypes.

Sympatric Speciation

The process of speciation occurring within a shared geographic area, where reproductive isolation occurs without physical barriers.

Stabilizing Selection

A type of natural selection that favors the average individuals in a population and works against extreme phenotypes.