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Explain Freud's theory of psychoanalysis.Be sure to touch upon what Freud believed makes up the human personality.
Subjective Probabilities
Individual assessments or beliefs about the likelihood of future events, based on personal judgment rather than objective data.
Microeconomic Analysis
The examination of the economic behavior of individuals, households, and firms, focusing on market mechanisms and the determination of prices and quantities in specific markets.
Marginal Utility
The additional satisfaction or benefit a consumer gains from consuming one more unit of a good or service.
Expected Income
Expected income refers to the amount of money an individual or entity anticipates earning over a specific period, taking into account various factors like job stability, market conditions, and investments.
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