What Accounts for Specialization

question 39

Multiple Choice

What accounts for specialization?

• A)People specialize in the activity in which their opportunity costs are at a maximum.
• B)People specialize in the activity in which their opportunity costs are lowest.
• C)People do not specialize in any activity.
• D)People specialize in the activity that pays the highest wage.
• E)People specialize in the activity that they enjoy the most, no matter what the salary is.

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Definitions:

External Locus

A belief that one's life outcomes are generally determined by external forces or circumstances beyond personal control.

Self-Actualized Potential

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Spontaneous Recovery

Relearning a conditioned response.

Little Albert

An experiment in classical conditioning that demonstrated how fears could be acquired through associative learning.