What Personality Theory Is Also Called the OCEAN Model

question 25

Multiple Choice

What personality theory is also called the OCEAN model

• A) MMPI
• B) Big 5
• C) MBTI
• D) Eysenck's trait theory

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Definitions:

Economic Inefficiencies

Situations where resources are not allocated optimally according to some criteria, leading to wasted or less effective outcomes.

Monopolistically Competitive

A commercial structure where many entities vend offerings that are similar in nature but not the same, allowing for slight dominance in the market.

Productive Efficiency

A state where a system can't produce more of one good without reducing the output of another, utilizing resources in the most cost-effective way.

Economic Profit

The discrepancy between the total sales of a corporation and its cumulative expenditures, including both manifest and concealed costs.