Examlex
Gordon Allport's conception of personality:
Long-Run Equilibrium
Long-run equilibrium occurs when an economy's resources are fully employed and the output and input markets are in balance, with no external forces causing disruption.
Market Price
The current price at which a good or service can be bought or sold in a marketplace.
Social Learning Theory
A theory that suggests people can learn new behaviors by observing others and the outcomes of those behaviors.
Competence
Refers to the ability of an individual or organization to effectively perform or carry out a specific task or role.
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