Which pair of the four Cs would play the dominant role in a simple hunter/gatherer society such as that of the San people of the Kalahari Desert? Question 1 options: A) Commercialization and competition. B) Cooperation and custom. C) Competition and cooperation. D) Command and competition. Question 2 (1 point) What fundamental question is implied by the following statement: The appropriate technology in one country can be quite different from the appropriate technology in another country. Question 2 options: A) How much competition? B) What to produce? C) For whom? D) How much command? E) How to produce? Question 3 (1 point) What can we say is true as a result of people engaging in voluntary trade? Question 3 options: A) One person gains while there is a neutral effect on the other person. B) One person gains and the other loses. C) Neither person gains. D) Both people gain. Question 4 (1 point) The maximum production possible in Rome and in Cathay are as follows: Rome 40 bread Or 20 figs Cathay 20 bread Or 40 figs If each country is self-sufficient (no trade) and each allocates one half of its resources to producing each of the two products, what will be the output in each country? Question 4 options: A) 40 bread and 20 figs in Rome and 20 bread and 40 figs in Cathay. B) 20 bread and 10 figs in Rome and 10 bread and 20 figs in Cathay. C) 0 bread and 20 figs in Rome and 0 bread and 40 figs in Cathay. D) 40 bread and 0 figs in Rome and 20 bread and 0 figs in Cathay. Question 5 (1 point) Which of the following is an alternative for the term, "factors of production"? Question 5 options: A) Productive resources or inputs. B) Goods and services. C) Methods of organizing an economy. D) Ways of coordinating an economy. Question 6 (1 point) What is the distinction between a positive and a normative statement? Question 6 options: A) The distinction depends on the context in which each statement is used. B) Normative statements are assertions that can be tested with data, whereas positive statements are based on a value system of beliefs. C) Positive statements are assertions that can be tested with data, whereas normative statements are based on a value system of beliefs. D) Positive statements are correct statements of fact, whereas normative statements are incorrect. Question 7 (1 point) Which of the following statements describes the law of increasing costs? Question 7 options: A) As the quantity produced of any particular item increases, its per unit cost of production rises. B) As the quantity produced of any particular item decreases, its per unit cost of production rises. C) If you wait to make a purchase, you will pay a higher price. D) The prices of consumer goods and services always rise and never fall. E) The total cost of production rises as output goes up. Question 8 (1 point) Below is a production possibilities curve for a large tract of prairie farm land. Refer to the graph above to answer this question. What is the total cost of producing 300 units of rye? Question 8 options: A) 600 units of wheat. B) 0 units of wheat. C) 2 units of wheat. D) 0.5 units of wheat. Question 9 (1 point) The following table shows the production possibilities for the country of Erewhon: A B C D E F Wine 0 10 18 24 28 30 Cheese 40 28 18 10 4 0 Refer to the table above to answer this question. What is the total cost of producing the first 10 units of wine? Question 9 options: A) 12 units of cheese B) 28 units of cheese C) 24 units of cheese D) 6 units of cheese Question 10 (1 point) 1. unemployment in Nova Scotia 2. interest rates 3. wages for farm workers 4. inflation rates 5. government's farm price supports 6. monopoly practices in Canada Refer to the above information to answer this question. Which of the above are microeconomic concepts? Question 10 options: A) 2, 5 and 6. B) 3, 5 and 6. C) 1, 3 and 5. D) 1, 5 and 6