A Response Threshold Is the

question 42

Multiple Choice

A response threshold is the

• A) exposure duration for which a word must be displayed tachistoscopically for a particular participant to perceive it.
• B) number of correct responses required in order for a participant to perform above average on a particular task.
• C) amount of certainty or conviction a participant expresses when selecting a particular response.
• D) activation level at which a response occurs.

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Definitions:

Factor of Production

An economic resource that is used to produce goods and services, including land, labor, capital, and entrepreneurship.

Average Expenditure Curve

Supply curve representing the price per unit that a firm pays for a good.

Substitution Effect

The change in consumption resulting from a change in price, causing consumers to substitute cheaper goods for more expensive ones.

Wage

Monetary compensation paid by an employer to an employee in exchange for work performed, typically calculated on an hourly, daily, or piecework basis.