Which of the Following Influence What We Notice and How

question 1

Multiple Choice

Which of the following influence what we notice and how we encode information into memory?

• A) Chunks
• B) Eidetic imagery
• C) Recency effects
• D) Schemas

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Definitions:

Overhead

Fixed costs that are not directly tied to production levels, such as rent, utilities, and administrative expenses, affecting a company's profitability.

Variable Costs

Expenses that change in proportion to the activity of a business, such as costs for raw materials or production volume.

Shut Down

A short-term decision by a firm to cease operations temporarily due to unfavorable market conditions.

ATC Curve

Average Total Cost Curve; a graph that shows the per-unit cost of production at every level of output.