Mervyn Pulled Out a Red Block from His Pocket and Showed

question 2

Multiple Choice

Mervyn pulled out a red block from his pocket and showed it to his four-month-old daughter,Jennifer,a number of times.Jennifer looked at it less and less each time.Then Mervyn pulled out a blue block.If Jennifer showed recovery from habituation,we would expect that she

• A) looked about the same length of time at the blue block as she looked at the red block the last time it was shown to her.
• B) looked longer at the blue block than at the red block the last time it was shown to her.
• C) smiled at the blue block more than at the red block because she recognized it as something new.
• D) smiled at the blue block less than at the red block because she recognized it as something new.

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Definitions:

Benefit-Cost Perspective

A method of evaluating projects or decisions by comparing the benefits they will generate to the costs required to implement them.

NPV

Net Present Value (NPV) is a financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.

Present Value

The today's worth of a future sum or cash flows series, based on a predetermined rate of return.

Cash Inflows

Refers to the money coming into a company, typically from operations, investments, and financing activities.