The __________ Theory Argues That Due to the Presence of Substantial

question 74

Multiple Choice

The __________ theory argues that due to the presence of substantial scale economies,world demand will support only a few firms in many industries.

• A) Heckscher-Ohlin
• B) Leontief's paradox
• C) product life-cycle
• D) new trade
• E) Porter

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Definitions:

Personal Attribution

The process of attributing one's own behaviors or the behaviors of others to personal characteristics or dispositions.

Situational Attribution

The process of ascribing behavior to external factors, circumstances, or the environment.

Just World Hypothesis

The Just World Hypothesis is the belief that the world is a fair place and that people get what they deserve.

Conformity

The process of adjusting one's behavior or thinking to match those of other people or a group standard.