To the Extent That Costs Exceed Benefits, a Given Mode

question 33

Multiple Choice

To the extent that costs exceed benefits, a given mode of regulation is:

• A) inequitable.
• B) efficient.
• C) inefficient.
• D) fair.

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Definitions:

External Locus

A belief that control over events and outcomes in one's life lies outside the self, with factors such as fate, luck, or other people.

Control

The power to influence or direct people's behavior or the course of events.

Julian Rotter

Julian Rotter was an American psychologist known for his development of social learning theory and the concept of locus of control.

Behavior Modification

Techniques or interventions designed to change undesirable behaviors into more desirable ones through reinforcement or punishment.