People with Strong N Ach Tend to Have All of the Following

question 135

Multiple Choice

People with strong n Ach tend to have all of the following EXCEPT:

• A) self-confidence.
• B) external locus of control.
• C) high energy traits.
• D) a high concern for excellence in accomplishments through individual efforts.

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Definitions:

Marginal Cost

The increase in total cost that arises from an extra unit of production, pivotal for decision-making in production processes.

Diminishing Returns

A principle stating that as more of a variable input is combined with a fixed input, the incremental gains in output will eventually decrease.

Increasing Returns

This refers to a scenario in economics where, as the quantity of input increases, the rate of output increases at a faster rate, leading to economies of scale.

Long-Run Total Cost

The aggregate cost of production when all factors of production are variable and the scale of operation can change.