Which Resource Has the Least Elastic Supply

question 22

Multiple Choice

Which resource has the least elastic supply?

• A) labor
• B) capital
• C) land
• D) money
• E) taxes

Analyze the relationship between psychological theories and the development of psychological testing.

Recognize the role of heredity and environment in shaping intelligence.

Understand the shift from behaviorism to cognitive psychology and its implications for studying mental processes.

Understand the development and focus areas of different psychological schools of thought from the late 19th to the 21st century.