Refer to the Budget Line Shown in the Diagram

question 238

Multiple Choice

Refer to the budget line shown in the diagram. If the consumer's money income is $20, the

• A) prices of C and D cannot be determined.
• B) price of C is $2 and the price of D is $4.
• C) consumer can obtain a combination of 5 units of both C and D.
• D) price of C is $4 and the price of D is $2.

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Definitions:

Phallic Stage

The period between the third and fourth years when the focus of sexual pleasure shifts to the genitals.

Latency Stage

In psychoanalytic theory, a period in childhood development following the phallic stage, characterized by a decrease in sexual interests and conflicts.

Defense Mechanism

Unconscious mechanisms employed to shield oneself from anxiety generated by thoughts or feelings deemed unacceptable.

Denial

An ego defense mechanism in which a person fails to acknowledge unacceptable thoughts, feelings, or actions.