Which of the Following Is an Instance of an Area

question 26

Multiple Choice

Which of the following is an instance of an area franchise?

• A) McDonald's franchises an independently owned restaurant to make and sell its products in Pennsylvania.
• B) PepsiCo Inc. ships Pepsi in the form of a drink concentrate which is prepared and bottled locally in Canada.
• C) Nokia licenses a retail dealer to retail its products in Jacksonville.
• D) Burger King wants to start operating in Mexico and hires a Mexican subfranchisor to sell the franchise on behalf of Burger King.

Apply knowledge of phylogenetics to explain the spread or independent evolution of traits.

Evaluate the role of environmental factors in shaping evolutionary outcomes.

Understand the genetic basis of evolution and how it influences trait variation and adaptation.

Understand the concepts and mechanisms of viral evolution, including mutation, reassortment, and drug resistance.

---

Definitions:

Screening

Using observable information about people to make inferences about their private information; a way to reduce adverse selection.

Adverse Selection

A situation in which asymmetrical information leads buyers or sellers to make counterproductive choices, often observed in insurance markets.

Asymmetric Information

A situation in which one party in a transaction has more or better information than the other party, often leading to an imbalance in power and possibly making the transaction inefficient.

Economic Transaction

An exchange or transfer of goods, services, or funds between parties.