Examlex
If a 10 percent increase in the price of a good leads to a 5 percent decrease in the quantity demanded of the good, the price elasticity of demand is elastic.
Superego
Within the realm of psychoanalytic theory, this aspect of a person's psyche serves as a self-judging moral guide, encapsulating the ethical standards assimilated from one's parents and teachers.
Conscience
An inner feeling or voice viewed as acting as a guide to the rightness or wrongness of one's behavior.
Personality
The distinct collection of actions, thoughts, and feelings that develop due to genetic and external influences.
Erikson
A psychologist known for developing the theory of psychosocial development, which proposes eight stages of human growth and psychological development.
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