Which of the Following Means That People Are Motivated to Excel

question 85

Multiple Choice

Which of the following means that people are motivated to excel and pick situations in which success is likely?

• A) External locus of control
• B) Tolerance for ambiguity
• C) Awareness of passing time
• D) Internal locus of control
• E) Need to achieve

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Definitions:

Public Goods

Goods that are non-excludable and non-rivalrous, meaning that individuals cannot be effectively excluded from use and where use by one individual does not reduce availability to others.

Nonexcludable

A characteristic of a public good where no one can be prevented from using it.

Nonrival

A characteristic of a good or service whereby one person's consumption does not diminish the utility or availability for others.

Free-Rider Problem

A situation where individuals consume a public good without contributing to its cost, potentially leading to underproduction or depletion of that good.