Trait Theory Focuses on a Person's __________

question 3

Multiple Choice

Trait theory focuses on a person's __________.

• A) biological background.
• B) emotional state.
• C) physical makeup.
• D) intelligence.

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Definitions:

Car Dealership

A business establishment that sells new or used cars at the retail level, typically based on a dealership contract with an automaker.

Elasticity of Demand

A measure of how the quantity demanded of a good or service changes in response to a change in its price.

Quantity Demanded

The total amount of a good or service that consumers are willing and able to purchase at a given price level in a specified time period.

Elastic

describes a situation where the quantity demanded or supplied changes significantly in response to price changes.