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Proportional Increases or Decreases in Perceived Benefits as Well as Price

question 69

True/False

Proportional increases or decreases in perceived benefits as well as price or cost result in no net change in value.


Definitions:

Preconscious

According to Freud, material just beneath the surface of awareness that can be easily retrieved.

Collective Unconscious

A concept in psychology proposed by Carl Jung, referring to the part of the unconscious mind which is shared among beings of the same species containing memories and archetypes.

Unconscious

According to Freud, thoughts, memories, and desires that are well below the surface of conscious awareness but that nonetheless exert great influence on one’s behavior.

Subconscious

The part of the mind that is not currently in focal awareness but influences thoughts and behaviors.

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