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The Smallest Possible Difference Between Two Stimuli Whichcan Be Detected

question 234

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The smallest possible difference between two stimuli whichcan be detected is called the:


Definitions:

Marginal Cost

The expense associated with manufacturing an extra unit of a product.

Tutoring

A form of education where an individual provides personalized instruction to a student or a small group of students.

Marginal Benefits

The incremental satisfaction received from the consumption of one additional unit of a good or service.

Marginal Costs

The incremental cost of manufacturing one more unit of a product or service.

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