Jason Has Been Unemployed for Three Months

question 92

Multiple Choice

Jason has been unemployed for three months. When his wife asked him why he was not looking for a job, Jason responded, "If I am lucky, I will get my old job back." Jason would be considered as having a(n) :

• A) external locus of control.
• B) high conscientiousness.
• C) sensation and intuition type personality.
• D) internal locus of control.
• E) high Mach attitude.

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Definitions:

Resources

Assets, materials, and inputs needed to produce goods and services.

Overallocated

A situation where resources are disproportionately distributed or excessively committed to a particular project or area, potentially leading to inefficiencies.

Production

Production is the process of creating goods or services through the combination of labor, materials, and technology to meet consumer demand.

Marginal Social Cost

The cost to society of producing one additional unit of a good, including both the cost to the producer and any costs to others from that production.