The Theories of Forgetting Described in the Text May Be

question 82

Multiple Choice

The theories of forgetting described in the text may be likened to the difficulties people might face in trying to find an old file on the computer. Which theory is correctly likened to a corresponding file-finding difficulty?

• A)decay - The desired file was never saved in the first place.
• B)interference - There are so many files crowding the hard drive that one can't find the desired file.
• C)encoding failure - The desired file is so old that it has become corrupted and irretrievable.
• D)priming - The file was saved in an inaccessible location.

---

Definitions:

External Costs

Costs that are not borne by the parties involved in a transaction but rather by third parties or society as a whole.

Efficient Solution

An outcome wherein resources are allocated in the most effective way, maximizing benefits while minimizing costs or wastes.

Internalize Externalities

The process by which a firm takes into account the external costs or benefits of its activities, typically by incorporating them into its pricing structure.

Negative Externalities

Costs suffered by a third party as a result of an economic transaction, such as pollution caused by industry, which are not reflected in the market prices.