Jeff Likes to Smoke Cigars and When He Doesn't Have

question 21

Multiple Choice

Jeff likes to smoke cigars and when he doesn't have one of these,he often likes to suck on breath mints or other hard candies.In social situations,he tends to talk a lot,and because he really enjoys eating,is a little overweight.According to Freud's theory,Jeff most likely experienced a fixation at which psychosexual stage of development?

• A) anal
• B) genital
• C) oral
• D) phallic

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Definitions:

Internalize

The process of incorporating the cost of externalities into the decision-making process of firms or individuals.

Marginal Social Cost

Marginal social cost is the total cost to society of producing an additional unit of a good, including both private costs and any external costs.

External Costs

Costs incurred as a result of an economic activity that are not borne by the entities undertaking the activity but rather by other parties or society at large.

Marginal Cost

The rise in expense associated with the production of an extra unit of a product or service.