Jan's Husband Usually Gets Home After Midnight When He Often

question 137

Multiple Choice

Jan's husband usually gets home after midnight when he often smells of perfume and his clothes are dishevelled.Several of Jan's friends have told her she should divorce her husband because he is obviously having an affair.However,Jan is convinced he is working late at the office every night so that they will have enough money to buy their dream house.Which coping mechanism does this illustrate

• A) overcompensation 
• B) undoing 
• C) denial of reality 
• D) displacement

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Definitions:

Total Surplus

The total net gain for society derived from the creation and utilization of goods or services, calculated as the combined value of consumer and producer surplus.

Net Welfare Gain

The improvement in societal well-being, measured as the sum of consumer and producer surplus, arising from economic transactions or policy changes.

Perfect Competition

A market structure characterized by a large number of small firms, identical products, and easy entry and exit, which leads to firms being price takers.

Public Ownership

The case in which goods are supplied by the government or by a firm owned by the government to protect the interests of the consumer in response to natural monopoly.