Figure 3-17 Maxine's Production Possibilities Frontier

question 25

Multiple Choice

Figure 3-17
Maxine's Production Possibilities Frontier
Daisy's Production Possibilities Frontier
-Refer to Figure 3-17.Suppose Daisy is willing to trade 3/4 tart to Maxine for each pie that Maxine makes and sends to Daisy.Which of the following combinations of pies and tarts could Maxine not then consume,assuming Maxine specializes in making pies and Daisy specializes in making tarts?

• A)4 pies and 6 tarts
• B)6 pies and 5 tarts
• C)8 pies and 3 tarts
• D)10 pies and 1.5 tarts

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Definitions:

Social Interaction

The process by which people act and react in relation to others, forming the basis of social relationships and structures.

Social Structure

The organized pattern of social relationships and social institutions that together constitute society, guiding and constraining individual behaviors.

Rational Choice Theory

An economic principle that assumes individuals always make prudent and logical decisions that provide them with the highest amount of personal utility.

Micro-to-Macro

An approach or perspective in sociology that starts with the study of individuals or small groups (micro-level) and attempts to understand larger societal structures and processes (macro-level) based on these smaller interactions.