A shift from S1 to S2 reflects the change that happens when a negative externality is taken into account. A shift from D1 to D2 reflects the change that happens when a positive externality is taken into account.
-Refer to the above figures. An external cost exists. This will lead to a(n)
Definitions:
Self-Control
The capacity to manage one's feelings, thoughts, and actions when confronted with desires and sudden urges.
Dependency
A reliance on others for emotional support, approval, or physical needs, often beyond what is typical for an individual's developmental stage.
Doctrine Of Opposites
In psychoanalytic theory, the idea that everything implies or contains its opposite.
Oral Character
A term from psychoanalytic theory describing personality traits associated with the oral stage of psychosexual development, such as dependence or passivity.
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