Examlex
Suppose that a population of 25 black-footed ferrets has an initial heterozygosity (H) of 0.5.How many generations will it take for this population to decline to a heterozygosity of 0.25?
Perfectly Elastic Demand
Product or resource demand in which quantity demanded can be of any amount at a particular product or resource price; graphs as a horizontal demand curve.
Herfindahl Index
A measure of market concentration used to gauge the level of competition within an industry by calculating the sum of the squares of the market shares of each firm.
Concentration Ratio
A measure used in economics to assess the degree of market concentration, indicating the market share held by the largest firms in the industry.
Oligopolistic Manufacturers
Companies in an industry where a small number of firms hold a large market share, significantly influencing market dynamics.
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