Imagine That the Basilar Membrane in the Human Ear Were

question 54

Multiple Choice

Imagine that the basilar membrane in the human ear were longer.Based on place theory,you might expect that humans would be able to

• A) hear a wider range of sounds, especially high frequency sounds.
• B) hear a wider range of sounds, especially low frequency sounds.
• C) detect sound waves that had a lower amplitude.
• D) localize sounds more accurately.

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Definitions:

Implicit Costs

Additional costs that do not appear on the financial statements of a company. These costs include items such as the opportunity cost of capital.

Economic Profits

Profits that exceed the opportunity costs of all resources used by the firm, including both explicit and implicit costs.

Sunk Costs

Costs that cannot be recovered. They are unavoidable even in the long run.

Economic Environment

The economic environment consists of all the external economic factors that influence buying habits, business operations, and growth prospects of entities.