Table 114 -Refer to Table 11

question 87

True/False

Table 11.4
$$\begin{array} { | c | c | c | } \hline \text { Number of Workers } & \begin{array} { c } \text { Total } \\\text { Froduct }\end{array} & \begin{array} { c } \text { Product } \\\text { Price } ( \$ )\end{array} \\\hline 0 & 0 & 4 \\\hline 1 & 15 & 4 \\\hline 2 & 29 & 4 \\\hline 3 & 42 & 4 \\\hline 4 & 54 & 4 \\\hline 5 & 65 & 4 \\\hline 6 & 75 & 4 \\\hline 7 & 84 & 4 \\\hline 8 & 92 & 4 \\\hline 9 & 99 & 4 \\\hline 10 & 105 & 4 \\\hline\end{array}$$
-Refer to Table 11.4 for the data for a perfectly competitive firm.The first column shows the number of workers employed in production,the second column shows the total product of the firm,and the third column shows its product price.From the data in the table,it can be said that the marginal revenue product begins to decline with the second worker hired.

Analyze ethical arguments concerning the use of reproductive technologies, stem cells, and gene editing, including germ line changes.

Evaluate the role of legislative measures like GINA in protecting individuals from genetic discrimination.

Explore the philosophical perspectives of different ethical frameworks (e.g., Kantian ethics) on bioethical issues.

Understand the impact and implications of prenatal genetic testing on society, and individuals with disabilities.

---

Definitions:

Substitution Effect

The change in the consumption pattern of goods or services due to a change in their relative prices, causing consumers to replace more expensive items with cheaper alternatives.

Income Effect

The change in the quantity demanded of a good resulting from a change in consumer income, holding prices constant.

Inelastic Demand

A situation where the demand for a product does not significantly change with a change in price.

Total Revenues

The overall amount of money generated from sales of goods or services before deducting any expenses.