Which of the Following Statements Is True

question 60

Multiple Choice

Which of the following statements is true?

• A) Firms that maximize revenues are likely to be pro?table, irrespective of their costs.
• B) Many ?rms operate internationally to gain access to newer markets and revenue streams.
• C) Competition in the domestic market reduces when foreign ?rms enter the market.
• D) Governments should provide grants to ?rms that produce goods that generate pollution.

---

Definitions:

Avoidance/Avoidance

A decision-making conflict where an individual has to choose between two equally unattractive options, often leading to anxiety or stress.

Approach/Approach

A decision-making conflict situation where an individual must choose between two equally appealing options.

Approach/Avoidance

Psychological concepts that describe an individual's motivation to move towards or away from a particular stimulus or situation.

Double Approach/Avoidance

A psychological conflict characterized by being drawn to and repelled by the same goal or option, which has both positive and negative aspects.