Carlita Believes That She Is Responsible for Her Actions, and That

question 6

Multiple Choice

Carlita believes that she is responsible for her actions, and that her actions have consequences. In essence, she believes that changes in her behavior will lead to desired changes in her life. She is said to have an:

• A) internal power.
• B) external power.
• C) internal locus of control.
• D) external locus of control.

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Definitions:

Diminishing Returns

The principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other variables remain constant.

Marginal Product

The increase in output resulting from a one-unit increase in the input of a production factor, holding all other inputs constant.

Marginal Product

The additional output resulting from one more unit of a given input, holding all other inputs constant.

Average Product

The output per unit of input, measured by dividing the total product by the quantity of input.