If You Increase Your Consumption of Soft Drink by One

question 52

Multiple Choice

If you increase your consumption of soft drink by one additional can a week, your marginal benefit of this last can is $1.00. The _______ of this last can of soft drink is $1.00.

• A) price
• B) value
• C) marginal cost
• D) opportunity cost

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Definitions:

Childhood Sexual Instincts

Early developmental phases where children explore their bodies and experience sexual feelings, as discussed in psychoanalytic theory.

Freud

Sigmund Freud, an Austrian neurologist who is known for founding psychoanalysis, a clinical method for treating psychopathology.

Projection

A defense mechanism where individuals attribute their own unwanted thoughts, feelings, or motives to another person.

Quarrelsome

Quarrelsome describes a person prone to arguments or disputes, often engaging in hostile exchanges.