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Hearing the Audio Track of One Syllable (Such as "Ba")spoken

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Hearing the audio track of one syllable (such as "ba") spoken repeatedly while seeing a video track of a different syllable being spoken (such as "ga") produces the perceptual experience of a different third sound (such as "da") .This is an example of


Definitions:

Substitution Effect

The change in demand for a good or service caused by a change in its price, making consumers substitute it with another good or service.

Income Effect

The shift in income levels for either a person or the economy and its influence on the demand for specific goods or services.

Labor Supply

Refers to the total hours that workers are willing and able to work at a given wage rate.

Marginal Utility

The additional pleasure or advantage gained from consuming one further unit of a particular product or service.

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