Which of the Following Statements Is True

question 48

Multiple Choice

Which of the following statements is true?

• A) Productive inefficiency implies that it is possible to produce more of one good and no less of another,but only if additional resources are made available.
• B) Productive efficiency implies that it is possible to produce more of one good and no less of another,even without additional resources.
• C) Productive inefficiency implies that it is impossible to produce more of one good and no less of another.
• D) Productive inefficiency implies that it is possible to produce more of one good and no less of another,even without additional resources.

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Definitions:

Cognitive Dissonance

The psychological unease felt by someone who simultaneously harbors conflicting beliefs, ideas, or values.

Contradictory Attitudes

Holding conflicting beliefs or feelings towards a particular subject, object, or person.

Conflict

A situation or process through which individuals, groups, or ideas are in opposition and engaged in a struggle for dominance, agreement, or resolution.

Cognitive Dissonance

The psychological discomfort or stress experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time.