The Belief That Successful Performance Will Result in Some Outcome(s)

question 41

Multiple Choice

The belief that successful performance will result in some outcome(s) is known as:

• A)instrumentality.
• B)valence.
• C)complexity.
• D)expectancy.
• E)self-efficacy.

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Definitions:

Supply Equation

A mathematical formula that represents the relationship between the quantity of a good supplied and its price.

Price Ceiling

A maximum price set by the government for particular goods and services that cannot legally be charged above to prevent prices from being too high.

Shortage/Surplus

Market scenarios where the demand for a product surpasses its available supply, leading to a shortage, or where the supply of the product is greater than its demand, resulting in a surplus.

Demand Equation

is a mathematical representation that shows the relationship between the quantity of a good demanded and its price along with other factors affecting demand.