Temperament Refers to

question 136

Multiple Choice

Temperament refers to

• A) charisma or character.
• B) unique and enduring behavior patterns.
• C) learned traits of emotional response.
• D) hereditary emotional traits.

---

Definitions:

Short Run

A period in economics where at least one input is fixed, limiting the ability of a business to adjust production levels.

Long Run

In economics, a time period in which all factors of production and costs are variable.

Firm's Output

The total amount of products or services a company produces, measured over a specific period, typically indicating the company's productivity level.

Short Run

A period in economic analysis during which at least one input (like capital) is fixed, limiting the ability of the firm to adjust to changes in market demand or conditions.