Short-Run Choices Imply That at Least One Factor of Production

question 149

True/False

Short-run choices imply that at least one factor of production is fixed.

---

Definitions:

Conscientiousness

A personality trait characterized by being thorough, careful, or vigilant; implies a desire to do a task well.

Big Five Trait

Refers to five broad domains or dimensions of personality that are used to describe human personality. These are openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Temperament

The inherent part of an individual's personality, including aspects such as mood, behavior tendencies, and emotional reactivity.

Behavioral Style

The characteristic way in which an individual acts or behaves in different situations.