Which of the Following Is False

question 37

Multiple Choice

Which of the following is false?

• A)​Markets can make products better.
• B)​Markets can make products cheaper.
• C)​Markets can create new products.
• D)​Markets only result in producing those goods and services that are socially desirable.

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Definitions:

Schema

A cognitive framework that organizes and interprets information in the brain, influencing perception and understanding.

Storytelling Bias

The tendency to interpret, remember, and predict events in a narrative format, often overlooking statistical or factual information.

Allport and Postman

Psychologists known for their work in the field of social psychology, particularly for studies on the psychology of rumor and the theory of personality.

Participants

Individuals who take part in a study, experiment, or any form of research, usually providing data for analysis.