Which of the Following Statements Is Correct

question 134

Multiple Choice

Which of the following statements is correct?

• A)Mrs.Lovejoy decides to invest in companies which she believes are producing their goods based on the preferences of consumers.Mrs.Lovejoy is therefore investing in companies that are productively efficient.
• B)Mrs.Lovejoy decides to invest in companies which she believes are producing their goods based on the preferences of consumers.Mrs.Lovejoy is therefore investing in companies that are both allocatively and productively efficient.
• C)Mrs.Lovejoy decides to invest in companies which she believes can produce their goods at the lowest possible cost.Mrs.Lovejoy is therefore investing in companies that are productively efficient.
• D)Mrs.Lovejoy decides to invest in companies which she believes can produce their goods at the lowest possible cost.Mrs.Lovejoy is therefore investing in companies that are allocatively efficient.

---

Definitions:

B.F. Skinner

A renowned psychologist known for his work in behaviorism, emphasizing the role of environmental factors in shaping behavior through reinforcement.

Hans Eysenck

A German-born psychologist known for his work in personality theory and intelligence, including the development of the Eysenck Personality Questionnaire.

Joseph Wolpe

A psychologist known for developing systematic desensitization, a method to reduce patients' phobias and anxieties.

Group Therapy

A form of psychotherapy involving one or more therapists working with several individuals simultaneously, offering mutual support and the opportunity for participants to learn from each other's experiences.