Which One of the Following Statements Is True

question 48

Multiple Choice

Which one of the following statements is true?

• A)All technologically efficient methods are also economically efficient.
• B)All economically efficient methods are also technologically efficient.
• C)Technological efficiency changes with changes in relative input prices.
• D)Technologically efficient firms will be more likely to survive than economically efficient firms.
• E)Technological efficiency is more important than economical efficiency.

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Definitions:

Mania

A mental state characterized by extremely elevated mood, energy, and activity levels, often associated with bipolar disorder.

Suicide

The act of intentionally causing one's own death, often driven by despair, mental health disorders, or acute distress.

Elderly White Male

A demographic categorization referring to men of Caucasian ancestry who are typically considered to be in the later stage of their life, often defined as aged 65 years and older.

Adolescent African-American Male

A demographic group defined by age (typically 13-19 years), racial identity, and gender, often the subject of studies focusing on cultural, social, and psychological experiences.