Harry Is Trying to Take One More Class This Semester

question 92

Multiple Choice

Harry is trying to take one more class this semester.He is weighing the marginal benefit of taking one more class to the marginal cost of taking one more class.Which economic concept is most closely related to Harry's decision-making process?

• A) macroeconomics
• B) exchange
• C) rationing devices
• D) decisions made at the margin

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Definitions:

Superego

A component of Sigmund Freud's personality theory that represents the ethical component, providing moral standards by which the ego operates.

Id

A component of the personality in Freud's psychoanalytic theory that is responsible for the instinctual and primitive behaviors.

Ego

In psychology, a part of the mind that mediates between conscious and unconscious thoughts, often tied to one's sense of self-esteem and identity.

Oedipus Complex

A psychoanalytic theory proposed by Freud that describes a child's feelings of desire for the opposite-sex parent and jealousy and rivalry with the same-sex parent.