Which of the Following Is an Example of a Monopolistically

question 219

Multiple Choice

Which of the following is an example of a monopolistically competitive firm?

• A) Farmer Smith's corn farm
• B) Tino's Italian eatery, a local restaurant
• C) TCI Cablevision, a supplier of cable television services
• D) Northwest Electricity, a supplier of electricity in the Northwest U.S.

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Definitions:

Alleles

Different versions of a gene that can exist at a single locus on a chromosome, contributing to the diversity of phenotypes.

Population

A group of individuals of the same species living and interbreeding within a given area.

Allele Frequency

Allele frequency refers to how common an allele is in a population, expressed as a proportion or percentage of all alleles for a given gene in the population.

Stabilizing Selection

Natural selection that acts against extreme phenotypes and favors intermediate variants; associated with a population well adapted to its environment. Compare with directional selection and disruptive selection.