Ted Asks Krystal to Say the Words "Hop," "Pop," and "Mop

question 168

Multiple Choice

Ted asks Krystal to say the words "hop," "pop," and "mop." Then, Ted asks Krystal, "What do you do at a green light?" Krystal quickly replies, "Stop," (instead of the right answer: "Go") because of

• A) recognition.
• B) encoding specificity.
• C) TOT phenomenon.
• D) priming.
• E) misattribution.

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Definitions:

Socially Optimal Level

A state of resource allocation where the benefits to society are maximized, considering all externalities.

Excise Tax

A tax levied on specific goods or services, such as alcohol, tobacco, and gasoline, usually to discourage their use or to generate revenue.

Negative Externality

A cost that affects a party who did not choose to incur it, often associated with the consumption or production of goods and services.

Price

The sum required, expected, or disbursed as a purchase price for an item.