Which of the Following Observations Is T

question 47

Multiple Choice

Which of the following observations is t?

• A) Free markets will achieve all of society's goals.
• B) The ability to buy goods is divided equally among consumers.
• C) The market deals with efficiency in production through the profit motive.
• D) The market system encourages firms to use inputs wastefully.

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Definitions:

Falsifiable

A criterion of the scientific method stating that for a proposition to be considered scientifically valid, it must be possible to conceive an observation that could prove the proposition false.

Psychoanalytic

Pertaining to a therapeutic and theoretical approach originated by Sigmund Freud that emphasizes unconscious motivations and conflicts in understanding human behavior.

Replicated

The process of conducting an experiment or study again to confirm the results of the original study.

Falsified

Intentionally altered or manipulated information, data, or documents with the intent to deceive or mislead.