Economic Models Are Often Expressed in

question 207

Multiple Choice

Economic models are often expressed in

• A)equations.
• B)words.
• C)graphs.
• D)physical objects.

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Definitions:

Sensory Adaptation

The process by which sensory receptors become less sensitive to constant stimuli, helping organisms to focus on changes in their environment.

Masking Stimuli

A process in which the perception of one stimulus (the mask) interferes with the perception of another stimulus, reducing its recognizability.

Context Effects

The influence of environmental factors on one's perception of a stimulus, demonstrating how context can shape and influence decision making and judgment.

Subliminal Sensation

A perception of stimuli that occur below the threshold of conscious awareness.