Which Is True of Goal Setting

question 29

Multiple Choice

Which is true of goal setting?

• A)beginners should set lofty goals
• B)short-term goals should be based on outcomes
• C)behavioral goals are easier to measure and monitor
• D)goal setting is not important for health-related behaviors

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Definitions:

Economic Profit

The difference between total revenue and total cost, including both explicit and implicit costs.

Purely Competitive

A market structure characterized by many buyers and sellers, free entry and exit, and a product for which all sellers offer identical products.

Marginal Cost

The cost added by producing one extra item of a product.

Purely Competitive

Another term for pure competition, it refers to a theoretical market structure with a large number of buyers and sellers, homogeneous products, and free entry and exit from the market.