Barney Who Is a Manager,is Very Conventional,resistant to Change,habitual,and Does

question 49

Multiple Choice

Barney who is a manager,is very conventional,resistant to change,habitual,and does not accept new ideas very easily.This implies that Barney has:

• A) low neuroticism.
• B) low customary thinking.
• C) high extraversion.
• D) high agreeableness.
• E) low openness to new experience.

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Definitions:

Monopolistic Competition

A market structure where many companies sell products that are similar but not identical.

Marginal Cost

The increase in costs from making an additional unit of a product or service.

Long-Run Equilibrium

A state in economics where all factors of production are fully adjustable, leading to a situation where no economic agent has an incentive to change its behavior.

Monopolistic Competition

A marketplace setup in which a wide range of companies vend products that are comparable but not clones, enabling some level of market sway.