A Consumer Reports Survey of Over 180,000 Subscribers Found Each

question 43

Multiple Choice

A Consumer Reports survey of over 180,000 subscribers found each of the following except ________.

• A) no differences in effectiveness were reported among the various forms of psychotherapy
• B) longer-term therapy was no more effective than shorter-term therapy
• C) marriage counselors were seen as less effective than psychiatrists, psychologists, and social workers
• D) there were no differences in improvement between those who received therapy alone as opposed to those who received therapy combined with medication

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Definitions:

Differentiated Product

A product that has been designed or marketed to stand out from similar products offered by competitors.

Elastic

Refers to the responsiveness of the quantity demanded or supplied of a good or service to a change in its price.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good consumers are willing to buy at various prices.

Monopolistic Competitors

Firms in a market structure where there are many producers selling products that are similar but not identical, allowing for a degree of market power and some control over prices.