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The Process by Which Experience or Practice Results in a Relatively

question 23

Multiple Choice

The process by which experience or practice results in a relatively permanent change in behavior or potential behavior is known as ________.


Definitions:

Tax Revenue

Income that is gained by governments through taxation, which is then used to fund public services and government obligations.

White Water Rafting

an adventurous outdoor activity which involves navigating rivers or waterways with varying degrees of rough water or rapids in a raft.

Unit Cost

The expenditure a business incurs in the production, storage, and distribution of an individual unit of a certain product or service.

Deadweight Loss

A loss of economic efficiency that occurs when the optimal quantity of a good is not produced.

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