Critics of the Trait Approach Have Argued That There Is

question 4

Multiple Choice

Critics of the trait approach have argued that there is

• A) little consistency of behavior across situations.
• B) no valid prediction of behavior from test scores.
• C) too much reliance on situational factors rather than the traits themselves.
• D) all of the above.

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Definitions:

Least Costly Combination

An economic principle that firms seek to achieve by using the combination of factors of production that minimizes their costs while producing a given level of output.

Marginal Product Data

Information regarding the additional output that can be obtained by adding one more unit of a particular input, holding all other inputs constant.

Units of Output

are the measurable quantities of goods or services produced by a firm or economy.

Maximization of Profits

The process by which a company determines the price and output level that generates the most profit.