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.

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Definitions:

Social Learning Theory

A theory of socialization positing that the formation of identity is a learned response to social stimuli.

Role Model

A person whose behavior, example, or success is or can be emulated by others, especially by younger people.

Psychoanalytic Theory

A framework developed by Sigmund Freud that posits human behavior is influenced by unconscious motives and conflicts.

Superego

A component of Sigmund Freud's psychoanalytic theory, representing the moral conscience and the ethical standards by which the ego operates.