Employees with A(n)________ Locus of Control Are Likely to Be

question 22

Multiple Choice

Employees with a(n) ________ locus of control are likely to be more consistent in their moral judgments and actions than those with a(n) ________ locus of control.

• A)positive; negative
• B)internal; external
• C)external; internal
• D)weak; strong

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Definitions:

Consumer Surplus

The difference between what consumers are willing to pay for a good or service and what they actually pay, representing the benefit to consumers.

Marginal Cost

The cost of producing one additional unit of a product or service.

Two-part Tariff

A pricing strategy that includes a fixed fee plus a variable charge based on usage or consumption of a product or service.

Marginal Cost

The expense associated with manufacturing an extra unit of a product.