a homozygous trait is when an offspring has either both dominant genes or both recessive genes from its parents. a heterozygous trait is when an offspring has both dominant and recessive genes. for example: a long-tailed cat is dominant and a short-tailed cat is recessive. the long-tailed cat (homozygous dominant) had offsprings with the short-tailed cat (homozygous recessive). by doing the punnett square, 100% of their offspring will be heterozygous.
The division of labor generally leads to specialization in any production line. Furthermore, division of labor increases the efficiency of production and makes the process faster.
Failure to understand the basic definitions is perhaps the most frequent cause of difficulty or failure when studying economics.
Cause attached earlobes are the dominant trait. Unattached earlobes are reccessive.
The more samples you use, the closer your results will match probability.
The best definition is that by Lionel Robins, "Economics is the social sciences which studies human behavior as a relationship between ends and scare means which has alternative uses"
when will a cost benefit analysis be done
50%
coordinate fund-raisers
"My senator's votes don't reflect my views."
the likelihood that something will happen
considering whether companies or the government should make the goods.
capital
They organize resources to try to meet a society's wants and needs.
People try to fulfill both with limited resources.
People have unlimited wants and limited resources to fulfill them.
A designer who starts a new fashion company
A foreign country begins exporting the product in high volume.
An industrial assembly line
A doctor with expertise in medicine
People make economic choices about what to do with their
resources.