Consider the Situation Depicted in Figure 4

question 3

Multiple Choice

Consider the situation depicted in Figure 4.2,where the worker experiences a decrease in her wage.Her initial budget constraint is B0D,and following the decrease her new budget constraint is B1D.The move from to is the substitution effect,and the move from to is the income effect.

• A) R,P,Q,R
• B) R,Q,Q,P
• C) Q,R,P,Q
• D) P,Q,Q,R
• E) R,P,P,Q

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Definitions:

Gamete

A mature haploid male or female germ cell that is able to unite with another of the opposite sex in sexual reproduction to form a zygote.

Diploid

An organism or cell having two sets of chromosomes or twice the haploid number, typifying most body cells except for gametes.

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of DNA, responsible for carrying genetic information.

Sister Chromatids

Replicated forms of a chromosome joined together by a common centromere and eventually separated during cell division.