Use the Table Below to Answer the Following Question

question 92

Multiple Choice

Use the table below to answer the following question.
Table 2.2.1

-Refer to Table 2.2.1.Marginal benefit from food crops

• A)equals the marginal cost of food crops.
• B)remains constant as the quantity of food crops increases from 1 tonne a day to 2 tonnes a day.
• C)cannot be calculated from the table.
• D)increases as the quantity of food crops increases from 1 tonne a day to 2 tonnes a day.
• E)equals 70 barrels of ethanol.

Understand the competitive dynamics in different market structures including monopoly, oligopoly, and competitive markets.

Recognize the relevance of SWOT analysis in strategic planning and its components (strengths, weaknesses, opportunities, threats).

Analyze market attractiveness and the factors that influence it such as barriers to entry, the power of suppliers, and substitute products.

Identify core competencies and their significance in achieving competitive advantage.

---

Definitions:

Sociology

The study of social behavior, society, patterns of social relationships, social interaction, and culture that surrounds everyday life.

Major Contribution

A significant addition or enhancement made by an individual or group in a particular field or area of study.

Social Factors

Social factors are elements within a society that influence the behavior, preferences, and attitudes of its members, such as family, education, and income levels.

Sociological Perspective

A viewpoint in sociology that involves looking at social phenomena from a broad scale to see how people's behaviors are shaped by the society surrounding them.