What Is the Earliest Age That Habituation to a Repeated

question 132

Multiple Choice

What is the earliest age that habituation to a repeated stimulus has been demonstrated?

• A)prenatally
• B)at birth
• C)at 2 months of age
• D)at 4 months of age

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Definitions:

Economic Rent

Income derived from the possession of a unique resource, exceeding that which is needed to keep the resource in its current employment.

Economic Profit

The profit from producing goods and services while considering both explicit and implicit costs, including opportunity costs.

Producer Surplus

The gap between the price that sellers are prepared to accept for a product and the real price it sells for in the market.

Total Variable Costs

The total of all costs that vary with the level of production or output.