Suppose a firm's inverse demand curve is given by P = 160 - 4Q. Which of the following statements is (are) TRUE? 
Definitions:
Chunking Effect
Chunking Effect is the cognitive process of breaking down complex information into smaller, manageable units (or chunks) to improve memory and recall.
Primacy Effect
The tendency to remember information at the beginning of a list better than information that comes later.
False Positives
Occurrences where a test incorrectly indicates the presence of a condition or attribute.
Eyewitness Testimony
Evidence provided by people who witnessed an event or crime, detailing what they observed.
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