Admiration of power and intolerance of differences is linked to a_________________?
Correct answer: C. authoritarian personality
- A. Democratic personality
- B. unprejudiced personality
- C. authoritarian personality
- D. totalitarian personality
Explanation
The authoritarian personality is associated with strong admiration for authority and power, conformity, and hostility toward people who differ. A democratic or unprejudiced personality is defined by tolerance rather than intolerance.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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