The Figure Given Below Represents the PPC in Two Nations

question 12

Multiple Choice

The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4

-The demand curve of a commodity slopes downward because of:

• A)the insatiable nature of human wants.
• B)the presence of double coincidence of wants.
• C)the law of demand.
• D)the scarcity of goods and services in an economy.
• E)the law of diminishing marginal utility.

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Definitions:

Social Norms

The unwritten rules that govern behavior in society, determining what is considered acceptable or unacceptable.

Sociologists

Experts in the study of society and social behavior, analyzing the structure of societies and how people interact within those contexts.

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Structures or mechanisms of social order governing the behavior of individuals within a community, often deeply embedded in the culture.

Sexual Violence

Acts of sexual assault or coercion against an individual without their consent, including rape, molestation, and other forms of sexual abuse.