Graphically, the Effects of an External Cost Can Be Shown

question 209

Multiple Choice

Graphically, the effects of an external cost can be shown as

• A)a leftward shift of the market demand curve.
• B)a leftward shift of the market supply curve.
• C)a downward movement along the market demand curve.
• D)a rightward shift of the market supply curve.

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Definitions:

Oedipus Complex

A Freudian theory proposing that a child feels a subconscious sexual attraction to the opposite-sex parent and hostility toward the same-sex parent.

Defense Mechanisms

Psychological strategies employed unconsciously to protect oneself from anxiety arising from unacceptable thoughts or feelings.

Repression

A defense mechanism where stressful thoughts or memories are unconsciously pushed out of conscious awareness.

Freud's Concept

Theoretical ideas proposed by Sigmund Freud, focusing on the unconscious mind, the importance of childhood, and the structure of personality into ego, id, and superego.