The Psychologist John Watson Is Associated with the _______ School

question 39

Multiple Choice

The psychologist John Watson is associated with the _______ school of psychology and argued that psychology must concern itself only with ________.

• A)behavioural; behaviour
• B)behavioural; mental processes
• C)cognitive; thought and action
• D)cognitive; behaviour

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Definitions:

Efficiency

The extent to which resources are used in the most effective way to produce goods and services, minimizing waste.

Equality

Equality refers to the state of being equal, especially in status, rights, and opportunities.

Total Surplus

Total surplus refers to the sum of consumer surplus and producer surplus in a market, representing the overall benefit that market participants gain from engaging in trade.

High-cost Producer

A producer or company which has higher costs of production compared to competitors, often due to inefficient processes or higher input costs.