Personality may be seen as a circular system in that____________?
Correct answer: B. personality affects roles and vice-versa
- A. every adult experience cycle back to childhood
- B. personality affects roles and vice-versa
- C. all feelings revolve around the self
- D. all experience is based on preconceptions
Explanation
Personality and social roles influence one another: personality affects the roles a person adopts, while repeated roles also shape personality. This reciprocal relationship makes personality a circular system.
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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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