An Instructor Divides Her Class into Two Groups: Those Who

question 111

Multiple Choice

An instructor divides her class into two groups: those who prefer chocolate candy, and those who prefer fruit-flavored candy. By doing this, the instructor has created __________.

• A) dyads
• B) minimal groups
• C) preference-based circles
• D) prejudice

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Definitions:

Consumers

Individuals or groups that purchase goods and services for personal use, not for manufacture or resale.

Efficiency

The state or quality of being capable of producing desired results with a minimum expenditure of energy, time, money, or materials.

Total Surplus

The sum of consumer surplus and producer surplus, representing the total net benefits to society from the production and consumption of goods or services.

Property Rights

Legal rights to use, control, and benefit from owning property, both tangible and intangible.