Which of the Following Is Not a Social Unit

question 15

Multiple Choice

Which of the following is not a social unit?

• A) a group of sociology students studying for a test
• B) two warring tribes fighting over land rights
• C) a boss teaching a new employee
• D) a college professor preparing a sociology lecture in her office

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Definitions:

Marginal Cost Curve

A graphical representation showing how the cost of producing one additional unit of a good varies as production increases.

Industry Supply

The total amount of a product or service that all producers in a market are willing and able to sell at a given price.

Price Floor

A government-imposed limit on how low a price can be charged, usually above the equilibrium price, which can prevent the market from clearing.

Price Ceiling

A government-imposed limit on how high a price can be charged for a product, service, or resource, usually intended to protect consumers from prices deemed excessively high.