Examlex
A monopoly firm can sell 150 units of output for $10 per unit. Alternatively, it can sell 151 units of output for $9.90 per unit. The marginal revenue of the 151st unit of output is
Context Effects
How the context or environment in which information is presented can influence an individual's perception, comprehension, or memory of that information.
Top-Down Processing
The cognitive process that starts with the analysis of high-level information before identifying more detailed data.
Feature Detection
A process in the brain that allows it to recognize different parts or features of an object, such as edges, motion, and colors, in order to identify the object.
Feature Detectors
Neurons in the brain that specialize in recognizing specific features of one's environment, such as shapes or angles.
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