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In the space below each of the following, indicate the effect [increase (+), decrease (-)] on equilibrium price (P) and equilibrium quantity (Q) of each of these changes in demand and/or supply.
Predictive Value
The extent to which a test or measure accurately predicts the outcome or presence of a trait, characteristic, or condition in the future.
Agreeableness
A personality trait characterized by being cooperative, friendly, and compassionate towards others.
Big Five Traits
A model outlining five broad dimensions that describe human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.
Compete
To strive against others for the purpose of achieving a goal, winning a contest, or obtaining superiority.
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