The Difference in Sensitivity to Touch in Our Most Sensitive

question 39

Multiple Choice

The difference in sensitivity to touch in our most sensitive body areas relative to our least sensitive is a ___ difference.

• A)25 fold
• B)10 fold
• C)100 fold
• D)50 fold

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Definitions:

Equilibrium Quantity

The amount of products or services available that matches the amount consumers are willing to buy at the equilibrium price in the market.

Equilibrium Point

Point at which quantity demanded equals quantity supplied; where demand and supply curves cross.

Equilibrium Price

The cost at which the amount of a product supplied matches the amount of the product desired.

Equilibrium Quantity

The supply of goods or services meets the demand at the market's equilibrium price.