Examlex
The marginal rate of substitution represents the maximum amount of one commodity a consumer is willing to give up in exchange for one more unit of another commodity.
Selfish
Concerned excessively or exclusively with oneself, without regard for the well-being of others.
Psychosexual Development
Sigmund Freud's theory of the stages of child development, each characterized by a focus on pleasure from a specific area of the body, shaping personality.
Phallic Stage
A phase in Freud's psychosexual development, occurring from about ages 3 to 6, where the libido (sexual energy) focuses on the genital area.
Oral
Relating to the mouth, including the act of speaking, intake of food, or in medical terms, medication taken by mouth.
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