Repeated Exposure to the Same Stimulus ______ Leads to _____

question 3

Multiple Choice

Repeated exposure to the same stimulus ______ leads to _____ sensitivity in our sensory systems.

• A)always; reduced
• B)always; no change in
• C)sometimes; reduced
• D)sometimes; no change in
• E)sometimes; reduced or no change in

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Definitions:

Rational Decision Makers

Individuals or organizations that make choices that maximize their utility, based on systematic analysis of options and outcomes.

Expected Marginal Benefit

The additional benefit perceived by a consumer or producer from consuming or producing one more unit of a good or service.

Expected Marginal Cost

Refers to the anticipated increase in cost for producing one additional unit of a good or service.

Macroeconomics

The study of the economic behavior of entire economies, as measured, for example, by total production and employment.