Which of the Following Is CORRECT

question 66

Multiple Choice

Which of the following is CORRECT?

• A) If a firm is technologically efficient, it is always economically efficient.
• B) If a firm is technologically efficient, it is always producing at the lowest costs of production.
• C) If a firm is economically efficient, it is always technologically efficient.
• D) None of the above answers is correct.

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Definitions:

Psychological Disorder

A condition characterized by abnormal thoughts, feelings, or behaviors that may cause distress or impair functioning.

Proactive Coping

Proactive coping involves taking anticipatory actions to prevent or mitigate future stress or adversity before it happens.

Catastrophe

A sudden and widespread disaster that results in significant damage or suffering, often bringing about dramatic changes.

Suggestible

Being suggestible refers to the tendency of an individual to accept and act on suggestions by others, often used to describe a person's responsiveness to hypnosis or persuasion.