Question 1
Costs of production are determined
◦ only by the technologies that are available.
◦ only by the input prices that are available.
◦ by the technologies that are available and by input prices.
◦ by the technologies that are available and by the demand for the output.
Question 2
Related to the
Economics in Practice on page 151: Which of the following is the best analysis of the question of how fast delivery truck drivers should drive in order to reduce costs?
◦ They should drive as quickly as possible in order to make more deliveries per day.
◦ They should drive at the most fuel-efficient rate in order to reduce fuel consumption costs.
◦ They should balance the concerns of speed and fuel efficiency and drive at a speed that minimizes total expenses.
◦ They should drive as close to the legal speed limit as possible.
Genetic analysis begins with mutants 2
Pedigree analysis (Widows Peak)
Analysis of intial rates
Ferrante, Chapter 11, Economics & Politics
QTL analysis in introgression lines
Global analysis of yeast deletion mutants