The "Big Five" Personality Traits Measured by McCrae and Costa

question 26

Multiple Choice

The "Big Five" personality traits measured by McCrae and Costa are:

• A) Responsibility, generosity, independence, peacefulness, stability
• B) Openness to experience, conscientiousness, extroversion, agreeableness, neuroticism
• C) Neither of these

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Definitions:

AVC

Average Variable Cost refers to the sum of all variable expenses incurred when producing an item, divided by the number of units produced.

ATC

Average Total Cost is determined by dividing the overall cost by the output quantity produced.

MC

Short for Marginal Costs, representing the additional cost incurred in producing one additional unit of a good or service.

AVC

Average Variable Cost, which is the total variable costs of production divided by the quantity of output produced.