Marginal Cost

question 128

Multiple Choice

Marginal cost

• A) increases as more is produced.
• B) remains constant as more is produced.
• C) decreases as more is produced.
• D) decreases as marginal benefits decrease.

Describe the concepts of schema and semantic association and their impact on routine actions and memory formation.

Comprehend the relationship between eyewitness confidence and eyewitness accuracy.

Recognize common errors in recalling stories and events due to schemas and memory biases.

Understand the phenomena of familiarity, source confusion, and their roles in memory errors.

---

Definitions:

Drive Reduction

A theory in psychology that motivation arises from biological needs driving behavior to return to a state of homeostasis or balance.

Optimal Arousal

A theory suggesting there is a level of arousal that is ideal for performance, balancing between too low and too high.

Incentive

Something that motivates or encourages an individual to perform an action or behave in a certain way.

Pleasure Principle

A concept in psychoanalytic theory referring to the drive towards immediate satisfaction of instinctual urges and desires.