Helplessness,otherwise Referred to as Negative Outcome Expectancy Describes Pessimistic Attributions

question 43

True/False

Helplessness,otherwise referred to as negative outcome expectancy describes pessimistic attributions in which people who are prone to depression believe that they cannot do or say anything to change their unfortunate circumstances.

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Definitions:

Increasing-Cost Industry

An industry in which costs per unit of output increase as the scale of output is increased due to factors such as shortages of resources or higher input costs.

Long-Run Equilibrium

A state in economics where all factors of production and outputs are variable, allowing for the adjustment to changes in demand, supply, and prices, resulting in a situation where firms earn normal profit.

Increasing Cost Industry

An industry in which costs of production increase as firms enter the market, often due to limited resources or factors of production becoming more expensive.

Long-Run Supply Curve

A graphical representation that shows how the quantity supplied reacts to price changes in the long-term, accounting for all factors of production adjustments.