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Self-incompatibility is a mechanism in plants that prevents self-pollination or mating between closely related individuals. It promotes cross-pollination by inhibiting the fertilization of ovules with pollen from the same plant or a closely related plant. This mechanism ensures genetic diversity and reduces the likelihood of inbreeding.
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
If the market demand is given by Q=250-50p and supply Q=25p+25 then what is equilibrium price in market
What is the saddle point for the following zero sum game?