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Osorio and Vorobyev Suggested That the Advantage of Trichromatic Over

question 19

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Osorio and Vorobyev suggested that the advantage of trichromatic over dichromatic vision lay in:


Definitions:

Willingness To Pay

The maximum amount an individual is ready to spend to acquire a good or service, reflecting the value they assign to it.

Expected Revenue

The predicted amount of money that a business will receive from its sales over a certain period, usually calculated by multiplying expected sales by the price of goods or services.

Probability

A numerical representation between 0 and 1 that indicates the likelihood of an event transpiring.

Reservation Price

Reservation price is the maximum price a consumer is willing to pay for a product or service.

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