The "All or None Law" Is the Principle Stating That

question 67

Multiple Choice

The "all or none law" is the principle stating that ________.

• A) a neuron fires at full strength or not at all
• B) all neurons in an area fire at the same intensity or not at all
• C) a neuron must be receiving only "fire" messages through its dendrites or it will not fire at all
• D) all the neurons in a particular area of the brain fire simultaneously or not at all

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Definitions:

Marginal Revenue

The additional income that is produced from selling one more unit of a good or service; a crucial concept in determining the optimal level of output for a firm.

Marginal Cost

The increase in cost resulting from the production of one additional unit of a product.

Monopolistic Competition

A market structure characterized by many firms offering products that are similar but not identical, allowing for competition based on quality, price, and marketing.

Ease Of Entry

Refers to the absence of barriers for new competitors to enter an industry or market.