Selective Attention Refers to the Ability to

question 160

Multiple Choice

Selective attention refers to the ability to

• A) consider all information that is available.
• B) focus on unimportant details.
• C) keep all information out of memory.
• D) focus on elements of a problem and find solutions.

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Definitions:

Elastic

Describes a situation in which the demand or supply for a good or service significantly changes in response to price changes.

Cross-Price Elasticity

A measure of how much the demand for a product changes when the price of another product changes.

Quantity Demanded

The specific amount of a good or service that consumers are willing and able to buy at a particular price.

Percentage Change

A mathematical calculation that shows how much a quantity has increased or decreased as a proportion of its previous value, usually expressed as a percentage.