Which of the Following Definitions Is Correct

question 31

Multiple Choice

Which of the following definitions is correct?

• A)Accounting profit + economic profit = normal profit
• B)Economic profit - accounting profit = explicit costs
• C)Economic profit = accounting profit - implicit costs
• D)Economic profit - implicit costs = accounting profit
• E)Economic profit - accounting profit = normal profit

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Definitions:

Freud's Psychoanalytic Theory

A theory introduced by Sigmund Freud which posits that human behavior is influenced by unconscious motivations, childhood experiences, and a tripartite structure of the mind (id, ego, and superego).

Physiological Psychology

A branch of psychology that studies the physiological bases of psychological processes.

Clinical Psychology

A branch of psychology that focuses on diagnosing and treating mental, emotional, and behavioral disorders.

Constructs

Theoretical concepts or variables that are devised to understand and explain psychological phenomena or behaviors.