Ideally, a Market Should Maximize

question 97

Multiple Choice

Ideally, a market should maximize:

• A) consumer surplus.
• B) producer surplus.
• C) consumer surplus plus producer surplus.
• D) social surplus.

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Definitions:

Unconditional Positive Regard

A concept in client-centered therapy suggesting therapists should offer their clients acceptance and support regardless of what the client says or does.

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind without censorship as a way of uncovering unconscious thoughts and feelings.

Behavior Therapy

Therapeutic orientation that employs principles of learning to help clients change undesirable behaviors.

Psychoanalysis

Therapeutic orientation developed by Sigmund Freud that employs free association, dream analysis, and transference to uncover repressed feelings.