Examlex
Suppose that a customer's willingness-to-pay for a product is $5, and the seller's willingness-to-sell is $2. If the negotiated price is $3, consumer surplus is $5.
Hippocampus
A region of the brain important for learning and memory, particularly in consolidating short-term memories into long-term memories.
Amygdala
A part of the brain's limbic system involved in emotion processing, particularly fear and pleasure responses.
Fusiform Gyrus
A region of the human brain that plays a role in high-level visual processing, particularly in face and object recognition.
Perceived Similarity
The extent to which individuals view others as being similar to themselves in terms of attitudes, beliefs, or characteristics.
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