Let the Demand and Supply Functions Be Represented by D(p)and $\begin{array}{l}\mathrm{D}(\mathrm{p})=5760-50 \mathrm{p} \\\mathrm{S}(\mathrm{p})=250 \mathrm{p}-1440\end{array}$

question 57

Multiple Choice

Let the demand and supply functions be represented by D(p) and S(p) , where p is the price in dollars. Find the equilibrium price and equilibrium quantity for the given functions.
$\begin{array}{l}\mathrm{D}(\mathrm{p}) =5760-50 \mathrm{p} \\\mathrm{S}(\mathrm{p}) =250 \mathrm{p}-1440\end{array}$

• A) \( \$ 28 ; 4360 \)
• B) \( \$ 36 ; 3960 \)
• C) \( \$ 28 ; 4560 \)
• D) \( \$ 24 ; 4560 \)

Grasp the concepts of habituation and visual-recognition memory in infants.

Describe methods and measures used by researchers to study infant information processing.

Explain the significance of causality in cognitive development.

Understand the role of the prefrontal cortex in cognition and memory.

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Definitions:

Holt-Winters Additive Model

A forecasting technique that applies weighted averages and seasonality to predict future data points.

Holt-Winters Multiplicative Model

A forecasting technique that accounts for trends and seasonality in time series data, using a multiplicative approach to model seasonal changes.

Seasonality

Seasonality refers to periodic fluctuations in data or variables that occur at regular intervals due to seasonal factors such as weather, holidays, and school calendars.

Multiple Regression Equation

A statistical technique that models the relationship between a dependent variable and two or more independent variables.