-The Above Figure Shows the Reaction Functions for Two Pizza

question 84

Multiple Choice

-The above figure shows the reaction functions for two pizza shops in a small isolated town.The perfect competitive outcome is that

• A) each firm produces 40 pizzas.
• B) each firm produces 50 pizzas.
• C) the firms split the production of 200 pizzas.
• D) each firm produces 200 pizzas.

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Definitions:

Genetic Component

The portion of variation in a trait within a population that is attributable to genetic differences among individuals.

Concordance Rates

The statistical measure used in genetics to indicate the likelihood that both individuals in a pair (typically twins) will exhibit the same trait or disorder.

Identical Twins

Twins who develop from a single fertilized egg that splits into two, sharing 100% of their DNA.

Fraternal Twins

Fraternal twins are siblings born at the same time as a result of two different eggs fertilized by two different sperm, sharing about 50% of their genes.