The Smallest Increase or Decrease in a Physical Stimulus That

question 99

Multiple Choice

The smallest increase or decrease in a physical stimulus that you can detect at least 50 percent of the time is called the _____ difference.

• A)minimum
• B)just sensed
• C)saturation
• D)just noticeable

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Definitions:

Expected Costs

These are forecasted or estimated costs for a product, project, or operation based on historical data and future projections.

High-Low Method

A technique used in cost accounting to estimate fixed and variable costs associated with production or operations.

Variable Cost

Costs that change directly and proportionally with the level of output or production volume, such as raw materials and direct labor.

Electrical Cost

The expense associated with the consumption of electricity in a business or home.