A Person Who Expects Failure and Accepts It as Deserved

question 5

Multiple Choice

A person who expects failure and accepts it as deserved is called a(n)

• A) masochist.
• B) pessimist.
• C) realist.
• D) optimist.

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Definitions:

Competition

The rivalry among sellers trying to achieve goals such as increasing profits, market share, and sales volume by varying the elements of the marketing mix: price, product, promotion, and place.

Bulgaria

A country located in Southeast Europe known for its rich history, cultural heritage, and geographical diversity.

Invisible Hand

A term used by Adam Smith to describe the self-regulating nature of the marketplace.

Adam Smith

An 18th-century Scottish economist and philosopher, best known for his work "The Wealth of Nations," which laid the foundations for classical economics.