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The dean of your college is considering hiring another economics professor.If the additional revenue that the college can earn from employing the professor exceeds the additional cost, the college should
Sensory Adaptation
The method through which sensory detectors decrease in sensitivity towards unvarying or steady stimuli over a period.
Subliminal Sensation
A perceptual experience that occurs below the threshold of conscious awareness.
Context Effects
Refers to how the context or environment in which information is presented affects an individual's perception or understanding of that information.
Masking Stimuli
External stimuli that interfere with the perception of other stimuli, making them less likely to be noticed.
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Q216: Exhibit 11-11 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 11-11