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The trait of wavy flowers in petunias is determined by the genetic condition PP'.Plants with flat flowers are PP,while plants with curly flowers are P'P'.A cross is made between two plants each with wavy flowers.If they produce 200 seedlings,what phenotypes and in what numbers would you expect? What is the term for this allelic relationship?
Total Surplus
The sum of consumer and producer surplus, which measures the total benefit to society from conducting transactions in a market.
Autarky
A situation where an economy is self-sufficient and does not engage in international trade.
Trade
The exchange of goods, services, or both between two or more parties.
Producer Surplus
The difference between what producers are willing to sell a good for and the market price they actually receive, representing their net benefit.
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