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Use the following to answer question(s) : Long-Run Average Cost
-(Exhibit: Long-Run Average Cost) In the region from O to A, output per period is _______ and long-run average cost is _______ .
Learned Helplessness
A condition in which a person suffers from a sense of powerlessness, arising from a traumatic event or persistent failure to succeed.
Certainty Effect
The tendency of people to overweight outcomes that are certain relative to outcomes which are only probable.
Incremental Theorist
An Incremental Theorist believes that personal qualities, such as intelligence and ability, can be developed over time through effort and perseverance.
Entity Theorist
An individual who believes that personal qualities such as intelligence or talent are fixed traits and not significantly changeable over time.
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