Examlex
If the absolute value of the price elasticity of demand for gasoline is 0.5, then a 10 percent increase in the price of gasoline leads to a 0.5 percent decrease in the quantity demanded.
Evolutionary Change
The process by which species undergo modifications and adaptations over time leading to new species formations.
Genetic Material
The molecules inside cells that carry genetic information, primarily DNA and RNA, which determine hereditary characteristics.
Natural Selection
A process in biological evolution where organisms with traits better suited to their environment are more likely to survive and reproduce.
Gene Flow
The transfer of genetic variants or alleles from one population to another, which can lead to changes in genetic diversity.
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