In Order to Perceive a Stimulus, That Stimulus Has to Meet

question 130

Short Answer

In order to perceive a stimulus, that stimulus has to meet or exceed the _____ threshold; in order to detect a change in that stimulus, the stimulus has to meet or exceed the _____ threshold.

Evaluate the impact of different tax sizes on market outcomes, government revenue, and deadweight loss.

Understand the Laffer curve and its implications for tax policy and government revenue.

Compare and contrast the effects of taxes on markets with different demand and supply elasticities.

Calculate and compare equilibrium quantities and prices before and after taxation.

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Definitions:

Primary Reinforcer

A stimulus that satisfies a biological need and innately motivates behavior, such as food, water, or sleep.

Chicken Livers

Edible organs from chickens, often cooked and eaten as food, rich in nutrients like iron and vitamin A.

Bed

A piece of furniture typically used for sleeping and resting, consisting of a mattress and frame.

Extinction

In behavioral psychology, the gradual weakening and eventual disappearance of a conditioned response when the conditioned stimulus is no longer paired with the unconditioned stimulus.