Point Mutations

question 30

Multiple Choice

Point mutations

• A)are due to a change in one DNA nucleotide.
• B)may change a specific codon.
• C)can cause a genetic disease such as sickle-cell disease that is due to a base change that codes for valine rather than glutamate.
• D)All of the choices are correct.

---

Definitions:

Profit-Maximizing Price

The price at which a firm can maximize its profit, determined by the intersection of marginal cost and marginal revenue.

Monopolistically Competitive

A market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power and branding differentiation.

Economic Profits

The gap between a company's overall income and its combined outgoings, factoring in both direct and indirect expenses.

Entry Blocked

A market condition where barriers exist that prevent new competitors from easily entering an industry or area of business.