Discuss the Reasons Why Trait Theory Dominates Current Research on Personality

question 119

Essay

Discuss the reasons why trait theory dominates current research on personality and is generally viewed as a scientifically well-grounded explanation of personality. Provide three criticisms of trait theory as well.

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Definitions:

Contribution Margin

The difference between sales revenue and the variable costs associated with the production or sale of products or services. It's used to determine the ability of a business to cover its fixed costs.

Margin of Safety

This financial ratio measures the difference between actual or expected sales and the break-even point, indicating the cushion a company has before it incurs a loss.

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behavior are valid.

High-low Method

A way to estimate the cost-behavior formula that uses the highest and lowest levels of activity to determine fixed and variable costs.