In Psychoanalytic Theory, the Inner Voice That Says You Did

question 18

Multiple Choice

In psychoanalytic theory, the inner voice that says you did something morally wrong is called the:

• A) libido.
• B) id.
• C) ego.
• D) superego.

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Definitions:

Marginal Cost

The cost increase associated with the manufacture of an additional good or service unit.

P = MC

An equation denoting the condition where the price of a good equals its marginal cost, typically associated with perfect competition and profit maximization.

Consumer Surplus

The difference between the total amount consumers are willing to pay for a good or service and the total amount they actually pay.

Product Value

The importance or usefulness of a product to a consumer, often reflected in their willingness to pay for it.