The Phi Phenomenon Refers to

question 97

Multiple Choice

The phi phenomenon refers to

• A) psychics' supposed ability to see into the future.
• B) the perception of movement created by the successive blinking on and off of adjacent lights.
• C) the ability to adjust to an artificially displaced visual field.
• D) the tendency to fill in gaps to perceive disconnected parts as a whole object.

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Definitions:

Marginal Product

The additional output generated by adding one more unit of a specific input, holding all other inputs constant.

Output Units

The quantity of goods or services produced, measured in units, which can refer to individual items, batches, or specific measures of output.

Law of Diminishing Returns

An economic principle stating that as investment in a particular area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain at a constant.