Personality must be considered as________________?
Correct answer: A. interplay between environment and learned behavior
- A. interplay between environment and learned behavior
- B. a result of biology alone
- C. role demands
- D. more a function of heredity than anything else
Explanation
Personality develops through the interaction of biological tendencies, environmental influences, and learned behaviour. It cannot be explained by heredity or biology alone.
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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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