People Who Score High on the Trait of Are Persistent

question 70

Multiple Choice

People who score high on the trait of are persistent and continue to work in situations in which others would likely give up.

• A)novelty seeking
• B)sensation seeking
• C)reward dependence
• D)extraversion

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Definitions:

Risk Averse

The tendency of individuals or entities to prefer certainty over uncertainty, often choosing safer options over riskier ones to minimize potential losses.

Adverse Selection

A situation where sellers have information that buyers do not, or vice versa, often resulting in a market failure.

Utility Function

Represents a mathematical model in economics which shows preferences over a set of goods and services, depicting satisfaction levels of consumers.

Probability

The measure of the likelihood that an event will occur, often expressed as a number between 0 and 1.