When Determining the Degree to Which Someone Is Sociable, Talkative

question 8

Multiple Choice

When determining the degree to which someone is sociable, talkative, and assertive, which factor of the Big- Five model would be discussed?

• A)conscientiousness
• B)extroversion
• C)openness to experience
• D)agreeableness

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Definitions:

Elasticity Coefficient

A measure that quantifies how responsive the quantity demanded or supplied is to changes in price or other economic factors.

Downsloping

Describes a downward trend or inclination, often used in economics to describe a decrease in the price of a good leading to an increase in demand.

Elasticity Coefficient

A numerical measure of the responsiveness of the quantity demanded or supplied of a good to one of its determinants, like price or income.

Marginal Revenue Curve

A graphical representation showing how much additional revenue a firm will make from selling one more unit of a product or service.