Peter Can Produce Either a Combination of 20 Bow Ties

question 59

Multiple Choice

Peter can produce either a combination of 20 bow ties and 30 neckties or a combination of 35 bow ties and 15 neckties.If he now produces 35 bow ties and 15 neckties, what is the opportunity cost of producing an additional 15 neckties?

• A)2 bow ties
• B)15 bow ties
• C)20 bow ties
• D)35 bow ties

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Definitions:

Freud

The founder of psychoanalysis, Austrian neurologist Sigmund Freud, devised a method to cure psychopathologies by facilitating conversations between a patient and a psychoanalyst.

Ethical Standards

Principles that govern the behavior of individuals and organizations, often serving as guidelines for moral and correct actions and decisions.

Superego

A component of Freud's psychoanalytic theory representing the internalized societal and parental standards of right and wrong.

Morality Principle

In psychoanalytic theory, a component of the superego that consists of the internalized standards of right and wrong guiding behavior.