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Please describe the allele substitution rate in terms of the effective population size (Nₑ),the number of neutral loci in the population (k)and mutation rate (n).Please show all of your work.
Maximize Profits
The process of increasing the difference between total revenues and total costs to achieve the highest possible earnings.
Output Level
The quantity of goods or services produced by a firm or industry within a specific time frame.
Marginal Revenue
The additional income received from selling one more unit of a good or service, crucial for decision-making in output levels.
Marginal Cost
The price of creating one more unit of a product or service.
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