Is an Active Process That Allows Limited Information to Be

question 24

Multiple Choice

is an active process that allows limited information to be held in a temporary accessible state while cognitive processing occurs.

• A) Working memory
• B) Long term memory
• C) Short term memory
• D) None of the above

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Definitions:

External Benefits

Positive effects of a product or service on individuals or entities who are not directly involved in the transaction or production of the product or service.

External Benefit

A positive effect or advantage that results from a product or service's use, affecting individuals or entities who are not directly involved in the transaction.

Positive Externality

A beneficial effect experienced by a third party or the society as a whole, resulting from an economic transaction.

Market

The environment in which buyers and sellers interact to exchange goods, services, and information, setting prices through supply and demand.