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When You Form a Mental Image of "A Car," the Brain

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When you form a mental image of "a car," the brain area where memories are stored sends signals back to the primary visual area to create that image through a process known as


Definitions:

Optimal Amount of Credit

The ideal level of borrowing that achieves a balance between the benefits and costs of debt financing.

Total Opportunity Cost

The sum of all the benefits that could have been received from the next best alternative option that was not chosen.

JIT Point

A strategy where materials, goods, and even labor are delivered or acquired just in time to be used, reducing storage and inventory costs.

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