People with A(n) ________ Locus of Control Relative to Their

question 40

Multiple Choice

People with a(n) ________ locus of control relative to their marriages believe they are responsible for the outcomes they experience in the marriage; in contrast, people with a(n) ________ locus of control believe they have little responsibility for what happens in the marriage.

• A) high; low
• B) low; high
• C) external; internal
• D) internal; external

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Definitions:

Net Marginal Revenue

The additional revenue gained from selling one more unit of a product, after accounting for the marginal cost of producing that unit.

Intermediate Input

Goods or services used in the production process of another good or service which is itself not a final product.

Marginal Profit

The additional profit gained from producing or selling one more unit of a good or service.

Vertically Integrated

A business strategy where a company controls multiple stages of production within the same industry.