Examlex
You are studying how tools have evolved through cultural evolution. You find several instances where groups with very different technologies meet and there is a transfer of technology from one group to the other. This is analogous to what process in biological evolution?
Demand
The quantity of a particular good or service that consumers are willing and able to purchase at various prices during a given period of time.
Supply Curve
A graphical representation showing the relationship between the quantity of goods that producers are willing to sell and the price of those goods.
Relatively Elastic
Describes a situation where the quantity demanded or supplied of a good or service changes significantly in response to a change in price.
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