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The next few questions refer to the following description.
On the Bahamian island of Andros, mosquitofish populations live in various, now-isolated, freshwater ponds that were once united. Currently, some predator-rich ponds have mosquitofish that can swim in short, fast bursts; other predator-poor ponds have mosquitofish that can swim continuously for a long time. When placed together in the same body of water, the two kinds of female mosquitofish exhibit exclusive breeding preferences.
-Which type of reproductive isolation operates to keep the mosquitofish isolated, even when fish from different ponds are reunited in the same body of water?
Arbitrage
A means to defeat a price discrimination scheme; it occurs when low-value individuals are able to resell their lower-priced goods to the higher-value group.
Low-value Group
A segment of the market or population perceived to have less purchasing power or economic importance.
Direct Price Discrimination
A pricing strategy where a seller charges different prices to different customers for the same product or service, based explicitly on the customer's willingness to pay.
Indirect Price Discrimination
A pricing strategy where different prices are charged for the same product or service in different markets or segments, not directly by customer characteristics.
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