Use the Following to Answer Question

question 98

Multiple Choice

Use the following to answer question:
Figure: Market Demand
-(Figure: Market Demand) Look at the figure Market Demand. The amount by which the total benefits to consumers exceed their total expenditure is called _____, and if the price is B, is depicted by the area _____.

• A) producer surplus; BCD
• B) consumer surplus; 0CDE
• C) consumer surplus; BCD
• D) net benefit; 0BDE

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Definitions:

Oedipal

Relating to the Oedipus complex, a theory in psychoanalytic psychology that describes a child's feelings of desire for the opposite-sex parent and jealousy toward the same-sex parent.

Electra

A psychoanalytic theory originally suggested by Carl Jung, referring to a girl's psychosexual competition with her mother for possession of her father.

Sigmund Freud

A neurologist from Austria who established psychoanalysis, a technique for addressing mental disorders via conversation between a psychoanalyst and their patient.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, emphasizing the importance of the individual psyche and the personal quest for wholeness.