Which of the Following Statements Is True About One's Locus

question 98

Multiple Choice

Which of the following statements is true about one's locus of control?

• A) Internals display greater work motivation than externals.
• B) Internals believe that factors like luck play an important role in determining performance.
• C) Externals exhibit higher performance on tasks involving problem solving,when performance leads to valued rewards.
• D) Externals obtain higher salaries and greater salary increases than internals.
• E) Internals tend to be more anxious than externals.

Understand the concept of belief perseverance and how it impacts decision-making and belief systems.

Comprehend the effects of framing on decision-making and perception.

Recognize the role of intuition in quick decision-making and the formation of first impressions.

Grasp how motivated reasoning and confirmation bias can lead to biased evaluations of evidence.

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Definitions:

Marginal Costs

The upsurge in full cost that comes from the generation of one additional unit of a good or service.

Short Run

A period in economic analysis where at least one input is fixed, focusing on immediate effects and adjustments in production or operations.

Marginal Revenue

The increased revenue a company achieves from the sale of an additional good or service unit.

Purely Competitive

This describes a market structure where many firms sell identical products, and no single seller can influence the market price.