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Marilyn has a sensitive thermometer with a signal light attached to her hand.The thermometer is wired so that an increase in temperature will activate this signal light.Then, Marilyn is told to keep the light on as much as possible.In so doing, Marilyn is able to exert voluntary control over the involuntary regulation of her temperature using which of the following techniques?
Allocative Efficiency
A state of the economy in which production represents consumer preferences; every good or service is produced up to the point where the last unit provides a marginal benefit equal to its marginal cost of production.
Productive Efficiency
A situation in which an economy or entity can no longer produce additional amounts of a good without lowering the production level of another product.
Substitute Goods
Products or services that can be used in place of each other, having a positive cross-elasticity of demand.
Productive Efficiency
A situation in which a good or service is produced at the lowest possible cost.
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