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DeCasper and Spence (1986) measured babies' sucking rates as they listened to a story they had heard in the womb (The Cat in the Hat) and to a story they had not heard (The King, the Mice, and the Cheese) . The study concluded that
Production Possibilities Curve
A graphical representation showing the maximum number of goods or services that can be produced using limited resources efficiently.
Production Possibilities Curve
A graphical representation that shows the maximum amount of two goods that can be produced with available resources and technology.
Negative Slope
indicates a relationship in a graph where as one variable increases, the other variable decreases, showing an inverse correlation.
Production Possibilities
The various combinations of goods and services that can be produced within an economy when all resources are fully utilized.
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