Suppose That the Marginal Benefit of Writing a Contract Is

question 44

Multiple Choice

Suppose that the marginal benefit of writing a contract is $100 and the marginal cost of that contract is $100.Based on this information, the optimal contract length should be

• A)increased by half.
• B)increased by two-thirds.
• C)decreased.
• D)held constant at the contract length where MB = 100 and MC = 100.

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Definitions:

Dominant

Possessing authority, control, or influence over others, often in a social, genetic, or interactional context.

Dizygotic Twins

Also known as fraternal twins, they develop from two different eggs fertilized by two different sperm, resulting in genetically unique siblings born at the same time.

Monozygotic Twins

Also known as identical twins, these are siblings who originate from the same fertilized egg, sharing nearly 100% of their genetic material.

X-Linked Disorders

Genetic conditions caused by mutations in genes on the X chromosome, often affecting males more severely than females.