In the Context of the Combinations of Big Five Variables,happiness

question 7

Multiple Choice

In the context of the combinations of Big Five variables,happiness and experiencing positive affect in everyday life are best predicted by:

• A)high conscientious and high agreeableness.
• B)high extraversion and high agreeableness.
• C)high extraversion and low neuroticism.
• D)high intellect and low neuroticism.

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Definitions:

Marginal Product

The additional output resulting from using one more unit of a particular input, assuming all other inputs remain constant.

Monopsony

A market structure in which there is only a single buyer of a good, service, or resource.

Labor Supply Curve

A graphical representation showing the relationship between the wage rate and the quantity of labor that workers are willing to supply.

Monopsonist

A market condition where there is only one buyer for a product or service, giving the buyer significant power over prices and terms.