Which of the following statements is FALSE? (Chapter 3) a. Consumerism is a grassroots movement started in the 1960s to increase the influence, power, and rights of consumers in dealing with institutions. b. The economy pertains to the income, expenditures, and resources that affect the cost of running a business and household. c. Barriers to entry are business practices or conditions that make it difficult for new firms to enter the market. d. In monopolistic competition, there is only one seller of goods or products. e. Technology consists of the inventions or innovations from applied science or engineering research