What Are Resources Such as Land and Labour Used For

question 45

Multiple Choice

What are resources such as land and labour used for?  

• A) to produce goods and services 
• B) to consume goods and services 
• C) to help facilitate exchange 
• D) to provide for an improved financial system

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Definitions:

Just Noticeable Difference

The minimal change in a stimulus that can just barely be detected by an organism.

Absolute Threshold

The lowest level of stimulation that a person can consciously detect 50 percent of the time the stimulation is present.

Stimulus

is any object or event that elicits a sensory or behavioral response in an organism.

Absolute Threshold

The minimum intensity of a stimulus required to be correctly detected at least 50% of the time.