A Relative Price Is All of the Following Except

question 123

Multiple Choice

A relative price is all of the following except

• A)the ratio of one price to another.
• B)an opportunity cost.
• C)a quantity of a "basket" of goods and services forgone.
• D)determined by demand and supply.
• E)the lowest possible price available.

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Definitions:

Nonrandom Mating

Mating among individuals on the basis of their phenotypic similarities or differences, rather than mating on a random basis.

Gene Flow

Sharing of genes between two populations through interbreeding.

Genetic Drift

A mechanism of evolution that results in change in the genetic makeup of a population by chance or random events rather than by natural selection.

Gene Flow

The transfer of alleles or genes from one population to another, influencing the genetic composition of the receiving population.