Which One of the Following Sets of Data Would Show

question 7

Multiple Choice

Which one of the following sets of data would show a strong genetic influence on the development of a trait?

• A)Identical twins raised together score more similarly to one another than identical twins raised apart.
• B)Fraternal twins raised apart score as similarly to one another as do biological siblings who are raised together.
• C)Identical twins raised apart score more similarly to one another than fraternal twins raised together.
• D)Fraternal twins raised together score more similarly to one another than fraternal twins raised apart.

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Definitions:

Price Discrimination

Price Discrimination is the strategy of selling the same product at different prices to different groups of customers, based on their willingness to pay.

Pure Monopolist

A market structure where a single company is the exclusive provider of a product or service in a market, facing no competition.

Economies of Scale

Economic benefits that companies gain from their size of operations, which result in a reduction in the cost per unit as the scale increases.

Horizontal Demand

A market situation where the demand for a product remains constant regardless of changes in its price.