The Additional Cost to a Firm of Producing One More

question 50

Multiple Choice

The additional cost to a firm of producing one more unit of a good or service is the

• A)minimum cost.
• B)total cost.
• C)opportunity cost.
• D)marginal cost.

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Definitions:

Genetic Variability

The variation in the DNA sequence in each of our genomes, which contributes to the uniqueness of each individual's physical and behavioral traits.

Heritability

The proportion of observed variation in a particular trait (among individuals in a population) that can be attributed to inherited genetic factors.

Surrogacy

An alternative form of reproduction in which a woman (the surrogate) is impregnated and carries a fetus to term and agrees to turn the baby over to a woman, man, or couple who will raise it.

Genetic Relative

A family member related by blood, sharing common ancestors, and thus also sharing genes or hereditary traits.