Individuals Who Feel That They Are Responsible for Their Own

question 87

Short Answer

Individuals who feel that they are responsible for their own successes or failures have a(n)________ locus.

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Definitions:

Inputs

Resources used in the production process, including labor, capital, materials, and energy.

Marginal Output

The additional amount of output that is produced as a result of a one unit increase in the input of a production process.

Resource

Assets, materials, or inputs used to produce goods and services, including natural resources, human resources, and capital.

AVC Curve

Represents the Average Variable Cost Curve, which shows the relationship between a firm's output and the variable costs per unit of output, typically declining and then rising.