Which of the Following Statements Is False

question 52

Multiple Choice

Which of the following statements is false?

• A)The monopolistic competitor, like the perfectly competitive firm, is resource-allocative efficient.
• B)The monopolistic competitor produces that quantity of output at which price equals marginal cost.
• C)The monopolistic competitor produces the quantity of output with the lowest per-unit costs.
• D)a, b, and c

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Definitions:

Compliant Personality

A personality trait characterized by a predisposition to agree with others and yield to social pressure or expectations.

Neurotic Trend

Patterns of thinking, feeling, and behaving that are maladaptive and stem from unresolved psychological conflicts.

Horney

Karen Horney, a German psychoanalyst who postulated theories on neurosis, personal growth, and self-realization, emphasizing cultural and social factors.

Self-Image

An individual's conception and expression of their own identity, including perceptions of abilities, appearance, and personality.