The Recency Effect Occurs When Participants Are Asked to Recall

question 34

Multiple Choice

The recency effect occurs when participants are asked to recall a list of words. One way to eliminate the recency effect is to

• A) have participants say "la, la, la" while studying the list.
• B) present the list more slowly.
• C) have participants count backwards for 30 seconds after hearing the last word of the list.
• D) have participants see the words on a screen, rather than hear them.

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Definitions:

Price to Clear

The market price at which the quantity supplied equals the quantity demanded, ensuring all goods in the market are sold.

Profit-Maximizing Output

The optimal production stage for a business, where the highest profit is realized at the point where marginal cost equals marginal revenue.

Total Cost

The complete cost of production, including fixed and variable costs.

Lawn-Mowing

The process of cutting the grass in a garden, lawn, or yard to maintain a desired level of neatness and health.