The Main Assumption of Holland's Theory Is That People​

question 61

Multiple Choice

The main assumption of Holland's theory is that people​

• A) ​develop career goals at different rates.
• B) ​will be happiest in work environments that match their personalities.
• C) ​should take tests to determine which career is best for them.
• D) ​should choose a career based on economic issues.

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Definitions:

Equilibrium Price

The cost where the amount of a product or service consumers want to buy matches the quantity that producers are willing to sell.

Equilibrium Quantity

The amount of goods or services available matches the amount requested at the market price.

Consumer Surplus

Consumer surplus is the difference between the total amount that consumers are willing and able to pay for a good or service and the total amount that they actually pay.

Total Surplus

The sum of consumer surplus and producer surplus in a market, representing the total benefits to society from the trade of goods or services.