Examlex
A variable trait in corn is the presence or absence of knobs at particular sites on some chromosomes.The allele present on each chromosome determines whether or not that chromosome has a knob.Suppose that one member of each of two pairs of homologs in a corn plant has a knob.If this plant is crossed with a knobless plant, what percentage of the offspring is expected to have only knobless chromosomes?
Common Resource
A type of good that provides benefits to many individuals, but which has the potential to be depleted or overused because it is not excludable.
Inefficient Allocation
A situation where resources are not distributed or utilized in a way that maximizes potential output or welfare.
Decision Makers
Individuals or groups responsible for making choices that determine the course of actions to be followed by an organization or system.
Public Good
A public good is a good that is both non-excludable and non-rivalrous, meaning individuals cannot be effectively excluded from use and use by one does not reduce availability to others.
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