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There was a mix-up in the hospital nursery and there is a question as to which baby belongs to a set of new parents. The given gel contains the DNA fingerprint of the new mother (Lane 1), the new father (Lane 2), and two infants (Lanes 3 and 4). The DNA fingerprinting indicated that the infant tested in Lane 4 is the child of these parents.
Substitution Effect
The change in consumption resulting from a change in price, causing consumers to substitute cheaper goods for more expensive ones.
Wage
Monetary compensation paid by an employer to an employee in exchange for work performed, typically calculated on an hourly, daily, or piecework basis.
Leisure
Time spent away from work and essential domestic activities, often used for relaxation, hobbies, and personal enjoyment.
Marginal Revenue Product Curve
A graphical representation that shows the additional revenue generated from deploying one more unit of a specific resource or input, holding all other factors constant.
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