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Habituation Is the Process by Which Continuous Exposure to a Stimulus

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Habituation is the process by which continuous exposure to a stimulus affects the comprehension of and response to the stimulus.

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Definitions:

Additional Costs

Expenses that are not initially planned or anticipated, which can arise during the course of a project or as part of an operation.

Economic Models

Simplified representations of complex economic processes used to predict future economic activity.

Simplifying Assumptions

Rational approximations or conditions made to simplify complex systems or models so that they are easier to analyze or understand.

Economic Events

Incidents or developments that affect the economy, such as financial crises, market movements, or policy changes.

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