Examlex
If the gene for a genetic disorder has a DNA sequence AATCGACTACCGTA,then the DNA probe has the sequence
Efficiency Loss
Refers to the loss of economic efficiency when the optimal allocation of resources is not achieved, often due to market failures or distortions.
Demand Curve
A chart that displays how the cost of a product affects the amount consumers want to buy, usually showing a decline from left to right.
Supply Curve
A graphical representation showing the relationship between the price of a good or service and the quantity of it that suppliers are willing to sell at various prices.
Perfectly Inelastic
A situation in which the quantity demanded or supplied does not change regardless of the price changes.
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