Ribozymes Are

question 39

Multiple Choice

Ribozymes are

• A)ribosomes which catalyze reactions.
• B)unique to prokaryotes.
• C)unique to eukaryotes.
• D)catalysts for RNA editing.
• E)catalysts for DNA splicing.

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Definitions:

Consumer Surplus

Consumer surplus is the difference between what consumers are willing to pay for a good or service and what they actually pay.

Perfect Price Discrimination

A market scenario where a seller charges each buyer their maximum willingness to pay, resulting in the seller capturing all available consumer surplus.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit to consumers.

Perfectly Price Discriminate

A pricing strategy where a seller charges the highest price that each individual customer is willing to pay, thus capturing the maximum possible revenue.