Economists Consider Instances of Increasing Marginal Utility to Be

question 198

Multiple Choice

Economists consider instances of increasing marginal utility to be

• A)normal.
• B)impossible.
• C)unusual, as in the case of addictions.
• D)irrational.

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Definitions:

Lateral Geniculate Cells

Neurons located in the lateral geniculate nucleus of the thalamus, playing a crucial role in visual processing by receiving signals from the retina and relaying them to the visual cortex.

On-center Cells

Neurons in the visual system that are excited by light falling on the center of their receptive field and inhibited by light falling in the surrounding area.

Receptive Field

The specific area within the sensory space that elicits a response from any sensory neuron.

Excited

A state of heightened energy or activity, often referring to the physiological state of neurons or biochemical reactions.