All of the Following Resources Are Present in Biotechnology Centers

question 33

Multiple Choice

All of the following resources are present in biotechnology centers in the U.S.,EXCEPT

• A) low-wage labor.
• B) excellent universities with medical schools.
• C) state-of-the-art fiber optics.
• D) diverse social environments.
• E) desirable recreational environments.

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Definitions:

Excess Supply

A situation where the quantity of a good or service that is available surpasses the quantity demanded at a current price, often leading to a price decrease.

Value of Money

The purchasing power of money, which can be affected by inflation and economic conditions.

Price Fell

A situation where the market price of a good or service decreases.

Price Level

An index or measurement that reflects the average prices of goods and services in an economy at a given time.