Relevant Costs Are Costs That

question 31

Multiple Choice

Relevant costs are costs that:

• A) do not differ between alternatives.
• B) differ between alternatives.
• C) have already been incurred.
• D) may not be eliminated by choosing one alternative over another.

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Definitions:

Psychoanalysis

A therapeutic approach and theory of psychiatry developed by Sigmund Freud that emphasizes unconscious psychological processes and conflicts as the root of mental disorders.

Symbolism

The use of symbols to represent ideas or qualities in literature, art, and other forms of cultural expression.

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, known for his theories of the unconscious mind, mechanisms of repression, and the role of sexual desires.

Id

In Freud’s theory, a term for the most primitive reactions of human personality, consisting of blind striving for immediate biological satisfaction regardless of cost.