In the "Finding Faces in a Landscape" Demonstration in Your

question 8

Multiple Choice

In the "finding faces in a landscape" demonstration in your text,once you perceive a particular grouping of rocks as a face,it is often difficult not to perceive them this way.This is due to

• A)the inverse projection problem.
• B)a shift in your attentional focus.
• C)a recency effect.
• D)your prior knowledge.

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Definitions:

MC

Marginal Cost, the increase or decrease in the total cost of a production run for making one additional unit of an item.

AFC

Average Fixed Cost represents the fixed expenses of a firm divided by the quantity of output produced.

Variable Inputs

Inputs or resources whose usage level can be changed in the short term to match the level of production output.

Property Resources

Physical and intangible entities that generate economic value owned by individuals or companies.