Use the Following Statements to Answer This Question

question 38

Multiple Choice

Use the following statements to answer this question:
I. The first theorem of welfare economics refers to efficient allocation of goods across groups of consumers, and it does not consider the problem of efficient production of these goods.
II. The only way to achieve an efficient allocation of goods is to use competitive markets.

• A) I and II are true.
• B) I is true and II is false
• C) II is true and I is false.
• D) I and II are true

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Definitions:

Therapies

The diverse range of treatments and interventions designed to alleviate symptoms of psychological, emotional, or physical disorders.

Conduct Disorder

A mental health disorder diagnosed in childhood or adolescence characterized by a persistent pattern of disruptive and violent behaviors and disregard for others.

Downward Social Drift

A theory suggesting that individuals with severe mental health disorders might experience a decrease in socioeconomic status due to their condition.

Illegal Activities

Actions that are prohibited by law, which can range from minor offenses to major crimes.