-The figure above shows one of Bob's indifference curves for CDs and books.
a) Is the indifference curve steeper at point a or point b?
b) What is Bob's marginal rate of substitution at point a?
c) What is Bob's marginal rate of substitution at point b?
Definitions:
Gene Pool
The complete set of unique alleles in a species or population.
Genetic Drift
Mechanism of evolution due to random changes in the allelic frequencies of a population; more likely to occur in small populations or when only a few individuals of a large population reproduce.
Adaptive Radiation
Rapid evolution of several species from a common ancestor into new ecological or geographic zones.
Fossil Record
The collection of fossils, which are the preserved remains or traces of animals, plants, and other organisms from the remote past, providing evidence of the history of life on Earth.
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