Examlex
If an individual has two alleles at a given locus that are different,the individual is said to be ________ for the gene.
Fair Rate of Return
An acceptable profit level for an investor or entrepreneur, typically established by regulatory agencies for monopolies or utilities.
Average Fixed Cost
The total fixed costs of production divided by the quantity of output produced, illustrating how fixed costs spread over units decrease with increased production.
Antitrust Action
Legal measures taken by governments to prevent or reduce monopolies and promote competition among businesses.
Economies of Scale
Cost advantages that businesses obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
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