Thoughts or Actions That Occur Without Conscious Attention Are Called

question 146

Multiple Choice

Thoughts or actions that occur without conscious attention are called _____,while those that occur through conscious,deliberative effort are called _____.

• A)controlled;automatic
• B)automatic;controlled
• C)domain-specific;domain-general
• D)domain-general;domain-specific

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Definitions:

MC = MR

An economic principle that firms reach the optimal level of production when marginal cost equals marginal revenue.

Downward-Sloping

Describes a curve or line on a graph that shows a decrease in a variable (e.g., price) leading to an increase in another variable (e.g., quantity demanded), typically observed in demand curves.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded, typically downward sloping, indicating an inverse relationship between price and quantity demanded.

Output Axis

In graphing, particularly in economics, this refers to the axis on which the quantity produced or supplied is measured.