In Cases of AIS

question 124

Multiple Choice

 In cases of AIS,

• A) the Müllerian system develops normally, but the Wolffian system does not.
• B) the Wolffian system develops normally, but the Müllerian system does not.
• C) both the Wolffian and Müllerian systems develop fully.
• D) neither the Wolffian nor the Müllerian systems develop fully.

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Definitions:

Economies Of Scale

The cost advantages that businesses obtain due to the scale of operation, with cost per unit of output decreasing with increasing scale.

Industry Structures

The organizational characteristics and competitive dynamics of a market, including the number of firms, product differentiation, and barriers to entry.

Allocative Efficiency

A scenario in resource distribution where making one individual's condition better inevitably leads to worsening another's.

Economic Profit

The difference between a firm's total revenues and its total economic costs, including both explicit and implicit costs.