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Two Technologies That Sped Progress of the Human Genome Project

question 33

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Two technologies that sped progress of the human genome project in 1991 were

Understand how wage rates affect total payrolls and employment in the context of elastic and inelastic labor demand.
Understand the profit-maximizing conditions for employing resources in competitive markets.
Recognize the importance of the marginal productivity of resources in determining resource allocation and production costs.
Understand the relationship between economic profit and cost-minimization/profit-maximization in resource allocation.

Definitions:

Intentional Tort

A wrongful act done on purpose that causes harm to someone else, for which the law allows a civil lawsuit.

Common Law

A legal system based on court precedents and customs rather than statutory laws.

Act was Intentional

Describes a situation where an individual's actions are deliberate and purposeful, rather than accidental or negligent.

Passing-Off

A legal misrepresentation where one entity falsely markets its goods or services as those of another, leading to consumer confusion.

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