Refer to the Figure Below

question 64

Multiple Choice

Refer to the figure below. What is the equilibrium price of bananas in this market?

• A)$0/pound
• B)$1/pound
• C)$4/pound
• D)$5/pound

---

Definitions:

Arlie Hochschild

A prominent sociologist known for her work on emotional labor, gender roles, and family dynamics.

U.S. Census Bureau

An essential body within the U.S. Federal Statistical System, tasked with the creation of statistics concerning the American public and the economy.

Partially Socialist

A term that describes a society or economic system that incorporates elements of socialism within a broader capitalist framework, combining government intervention with market freedom.

Pure Socialism

An economic and political system where the government or the community as a whole owns and controls the means of production, distribution, and exchange with the aim of equal wealth distribution and the elimination of classes.