All the Following Are TRUE Regarding the Fight-Or-Flight Response, EXCEPT

question 98

Multiple Choice

All the following are TRUE regarding the fight-or-flight response, EXCEPT:

• A) it is a relatively new human adaptation.
• B) it enables our bodies to prepare quickly to escape from harm.
• C) it prepares our bodies to engage in a physical battle.
• D) it enables our bodies to prepare to quickly escape from an injury.

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Definitions:

Willingness to Pay

The maximum amount that a consumer is prepared to spend on a good or service.

Profit

The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.

Deadweight Loss

A loss of economic efficiency that occurs when the equilibrium for a good or service is not achieved or is unattainable.

Single Price Monopolist

A monopolist who charges all consumers the same price for its product, irrespective of the quantity purchased.