When Looking at a Supply and Demand Graph,you Would Find

question 5

Multiple Choice

When looking at a supply and demand graph,you would find consumer surplus

• A) above the demand curve and below the supply curve.
• B) below the demand curve and above market price.
• C) to the right of equilibrium quantity and above market price.
• D) above the demand curve and above the supply curve.
• E) below market price and above the supply curve.

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Definitions:

Absolute Threshold

The minimum stimulus intensity that an organism can detect 50% of the time, which varies from one sensory modality to another.

Physical Stimulation

External stimuli or forces that impact the body, potentially causing physiological responses or sensations.

Difference Threshold

the minimum amount of difference required between two sensory stimuli before an individual can perceive that the two stimuli are indeed different.

Absolute Threshold

The absolute threshold refers to the smallest level of stimulus intensity needed for the stimulus to be correctly detected at least half the time.