The Below Figure Shows the Various Combinations of the Goods

question 96

Multiple Choice

The below figure shows the various combinations of the goods X and Y that yield different levels of utility.Figure 7.3

-After hiring a new employee, a manager finds that the total output has increased. When the manager hires another employee however, he realizes that although the total production has increased, the increment is less than the previous case. This is the result of:

• A)diseconomies of scale.
• B)a general economic downturn.
• C)diminishing marginal returns.
• D)the lack of skills of the two new employees.
• E)constant returns to scale.

---

Definitions:

Superego

A component of Sigmund Freud's psychoanalytic theory, representing the moral conscience and ethical standards of the psyche.

Psychic Energy

A concept in psychoanalytic theory referring to the force behind human behaviors, thoughts, and feelings originating from innate instincts and drives.

Moral Judgments

Decisions or evaluations about the rightness or wrongness of actions, often based on a set of ethical principles or societal norms.

Phallic Stage

The third stage in Freud's theory of psychosexual development, occurring around age 3 to 6, where the focus of the libido is on the genital area.