If You Are Trying to Memorize a List of Numbers

question 126

Multiple Choice

If you are trying to memorize a list of numbers, which of the following would be most likely to cause you to forget or mix up the numbers on your list?

• A) Someone starts reciting another list of different numbers to you.
• B) Someone starts reciting a list of nonsense syllables to you.
• C) Someone starts showing you humorous photographs.
• D) Someone starts reciting a list of names to you.

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Definitions:

Economic Profits

The difference between a firm's total revenues and its total costs, including both explicit and implicit costs, indicating surplus beyond the normal profit level.

Demand Curves

Graphical representations that show the relationship between the price of a good or service and the quantity demanded by consumers.

Industry Entry

The process by which new competitors join an industry, often bringing innovation or increased competition.

Allocative Efficiency

A state of the economy in which production represents consumer preferences; every good or service is produced up to the point where the last unit provides a benefit to consumers exactly equal to the cost of producing it.