The Significant Difference Between Perfect Competitors and Imperfect Competitors Is

question 232

Multiple Choice

The significant difference between perfect competitors and imperfect competitors is

• A) their goal of maximizing profit.
• B) the structure of their costs.
• C) the relationship of marginal cost to total cost.
• D) the relationship of price to marginal revenue.
• E) the relationship of marginal revenue to marginal cost.

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Definitions:

Allopolyploid

A polyploid whose chromosomes are derived from two species. Compare with autopolyploid.

Chromosomes

Cellular components that hold DNA and transmit genetic data.

Species

A species is a group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding, forming a reproductive group.

Punctuated Equilibrium

The idea that evolution proceeds with periods of little or no genetic change, followed by very active phases, so that major adaptations or clusters of adaptations appear suddenly in the fossil record. Compare with phyletic gradualism.