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Imagine That,of Three Species,it Is Known That Species 1 and 3

question 22

Multiple Choice

Imagine that,of three species,it is known that species 1 and 3 were separated 10 million years ago,based on geologic measurements.Genetic analysis at a neutral locus indicates that these species differ by 100 substitutions.If there are 10 substitutions separating species 1 and 2,approximately how long ago did these species diverge?


Definitions:

Oligopoly

A market structure characterized by a small number of firms controlling a large market share, leading to limited competition.

Perfectly Competitive Industry

An industry that meets the criteria for perfect competition, meaning it includes many small firms producing identical products and allows for free entry and exit.

Total Surplus

The sum of consumer surplus and producer surplus in a market; it measures the total benefit to society from the production and consumption of goods and services.

AC

Average Cost, which is the total cost of production divided by the quantity of output produced.

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