Social structure refers to_________________?
Correct answer: B. norms roles and group in a social system
- A. biological cell patterns
- B. norms roles and group in a social system
- C. patterns of individual behavior
- D. what the individual becomes in society
Explanation
Social structure is the organized framework of norms, roles, groups, and institutions that shapes social life. It is broader than isolated individual behavior and has nothing to do with biological cell patterns.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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