Examlex
If two sister species on the phylogenetic tree in the figure above differ from the other two in a single character state (e.g.,dark or light fur),where would the likely evolutionary change(s)be? Indicate change(s)by placing an arrow-or arrows-on the tree above.Be sure to label the arrow(s)as a loss or gain.
Perfect Complements
Goods that are consumed together in fixed proportions to fulfill a specific utility.
Convex Preferences
A set of consumer preferences that exhibit a specific property where mixtures of goods are preferred over singular extremes, displaying a curve outward towards the origin on a utility graph.
Weakly Convex
Describes a curve or set in geometry and mathematical functions that bulges outward less sharply than a perfectly convex shape, often applied in optimization problems.
Convex Preferences
A representation in economics of a consumer preference structure where a mix or combination of two goods is preferred over either of the two goods alone, indicating a desire for diversification.
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