Identify the Following Terms

question 79

Short Answer

Identify the following terms.
-mercantilism and Jean Baptiste Colbert

Analyze behavior using May's existential analytic theory, focusing on the human dilemma and examples thereof in case studies.

Explain behavior and relationship dynamics using May's three modes of existence and his concept of alienation.

Apply behaviorism to understand and explain specific phobias or behaviors in case studies.

Contrast May's concept of alienation with Rogers's concepts of conditions of worth and incongruence.

---

Definitions:

Production Possibilities

A curve or frontier that illustrates the maximum feasible amounts of two commodities that can be produced with available resources and technology.

Competitive Equilibrium

A state in a market where supply equals demand, and no economic agent has the incentive to change their behavior, leading to an efficient allocation of resources.

Consumption Bundles

A combination of various goods and services that an individual consumes to derive satisfaction or utility.

Income

The amount of money received over a period of time, typically as payment for work, goods, or investments.