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Related to the Economics in Practice on p. 9: Based on a study of the effects of roommates on college grades discussed in the Economics in Practice, which of the following is true?
Sensation
The process by which our sensory receptors and nervous system receive and represent stimulus energies from our environment.
Perception
The process of organizing, identifying, and interpreting sensory information to represent and understand the environment or an event.
Difference Threshold
The minimum difference in physical stimulation required to detect a difference between sensory inputs.
Absolute Threshold
The minimum level of stimulus intensity required for a stimulus to be detected at least 50% of the time by an observer.
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