Dr Jones Probably Agrees with the ________ Theory of Psychology

question 131

Multiple Choice

Dr. Jones probably agrees with the ________ theory of psychology, since he contends that humans are intelligent species due to the fact that intelligence gives us an advantage in the natural world.

• A) psychoanalytic
• B) behavioral
• C) cognitive
• D) evolutionary

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Definitions:

Production Function

An equation or graph that indicates the maximum output that a firm can produce with a given set of inputs, such as labor and capital, under current technology.

Production Function

A mathematical relationship expressing the maximum output that can be produced from a given set of inputs.

Commodity

An elementary good in the business sector that can be interchanged with others of a like kind.

Profit

The financial gain achieved when the amount earned from selling goods or services exceeds the costs associated with production or procurement.