Evaluate the Truthfulness of the Following Statements

question 18

Multiple Choice

Evaluate the truthfulness of the following statements.
I. The budget constraint is a function of consumer preferences.
II) The budget constraint defines the set of baskets that a consumer can purchase with a specific level of income.

• A) Both I and II are true.
• B) Both I and II are false.
• C) I is true; II is false.
• D) I is false; II is true.

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Definitions:

Free-Living Bacterium

A free-living bacterium is one that exists independently in the environment, not requiring a host organism for survival.

Pseudogenes

Segments of DNA that are similar to functional genes but are non-functional due to mutations, representing evolutionary remnants.

Mobile Elements

Sequences of DNA that can move or copy themselves to new positions within the genome of a single cell.

Evolution Rate

The speed at which evolutionary changes occur within a species or across species, influenced by various environmental and genetic factors.