Examlex
The price elasticity of demand is defined as
Visual Stimulus
Any object or event that is seen and stimulates the visual sense, potentially eliciting a response.
Signal-detection Theory
A theory that explains how individuals differentiate between important stimuli and background noise in the environment.
Response Bias
A tendency in research respondents to answer questions in a manner that is not accurate or truthful, often due to social desirability or misunderstanding.
Sensory Capacity
The maximum amount of sensory information that an individual can process or perceive at any given time.
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