Which Statement Is False

question 73

Multiple Choice

Which statement is false?

• A)The perfect competitor is a small firm producing an identical product.
• B)A perfectly competitive industry has great mobility of resources.
• C)There are many examples of perfectly competitive industries in the United States.
• D)The perfectly competitive firm makes zero economic profits in the long run.

Recognize the challenges and limitations of using experimental methods in personality psychology.

Comprehend the concept and significance of the many labs approach in research replication.

Identify and appreciate the value of open practices in research.

Identify various vital signs and their normal ranges.

---

Definitions:

Cultural Appropriation

The adoption of elements of one culture by members of another culture, which can be controversial when members of a dominant culture appropriate from disadvantaged minority cultures.

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, and a high tendency for negative emotions.

Positive Self-Views

Holding a favorable perspective of oneself, which includes self-esteem, optimism, and confidence.

Individualism

A philosophy that supports the preference of individual decision-making freedom over regulation by collective bodies or state governance.