You Work in the Human Relations Department for a Large

question 152

Multiple Choice

You work in the Human Relations department for a large computer company and your jib is to screen and select appropriate applicants for positions. If you decided to use a personality inventory, most likely you would choose the

• A)MMPI-2
• B)NEO-PI
• C)Big Five inventory
• D)the TAT
• E)the extroversion scale

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Definitions:

Short Run

A period in economics during which at least one factor of production is fixed and cannot be changed.

Monopolistic Competitor

A firm that operates in a market with many competitors but differentiates its product from others, giving it some control over its price.

Short Run

Describes a period in economics where at least one factor of production is fixed and cannot be changed, limiting the adjustments a firm can make to its output.

Economic Profits

The surplus left to a business after deducting all costs, including opportunity costs, from its total revenues.