Which of the Following Statements Is Correct

question 134

Multiple Choice

Which of the following statements is correct?

• A)Mrs.Lovejoy decides to invest in companies which she believes are producing their goods based on the preferences of consumers.Mrs.Lovejoy is therefore investing in companies that are productively efficient.
• B)Mrs.Lovejoy decides to invest in companies which she believes are producing their goods based on the preferences of consumers.Mrs.Lovejoy is therefore investing in companies that are both allocatively and productively efficient.
• C)Mrs.Lovejoy decides to invest in companies which she believes can produce their goods at the lowest possible cost.Mrs.Lovejoy is therefore investing in companies that are productively efficient.
• D)Mrs.Lovejoy decides to invest in companies which she believes can produce their goods at the lowest possible cost.Mrs.Lovejoy is therefore investing in companies that are allocatively efficient.

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Definitions:

Enriched Jobs

The process of redesigning jobs to incorporate greater variety of work content, increased autonomy, and opportunities for personal growth, enhancing job satisfaction.

Job Knowledge

Understanding and information relevant to a specific job, including the skills and experience necessary to perform its duties competently.

Psychological States

Conditions of the mind that influence an individual's emotional and cognitive functions.

Core Job Characteristics

Fundamental attributes of a job that influence employees' motivation and satisfaction, including skill variety, task identity, task significance, autonomy, and feedback.