We Assume That the Representative Consumer's Preferences Exhibit the Properties

question 13

Multiple Choice

We assume that the representative consumer's preferences exhibit the properties that

• A) they evolve over time and that more is always preferred to less.
• B) more is preferred to less and that the consumer prefers diversity.
• C) the consumer likes diversity and that more is sometimes preferred to less.
• D) more is sometimes preferred to less and that consumption and leisure are both normal goods.

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Definitions:

Linkage Disequilibrium

Linkage disequilibrium exists for any two loci if the occurrence of an allele at one of the loci is nonrandomly associated with the presence or absence of an allele at the other locus.

Positively Selected Allele

A positively selected allele is a variant of a gene that provides an advantage to individuals in their environment, increasing its frequency in the population.

Directional Selection

Directional selection favors individuals on one end of the distribution of phenotypes present in a population.

Paralogs

Genes within the same organism that have evolved by duplication and may have different functions.