According to Prototype Theory,the Mental Representation for Each Concept

question 18

Multiple Choice

According to prototype theory,the mental representation for each concept

• A)is likely to represent an average or ideal for the category's members.
• B)specifies the necessary and sufficient conditions for category membership.
• C)is located on the boundary of the category.
• D)lists the perceptual features that are found only in that category.

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Definitions:

Socialist

An advocate or supporter of socialism, a political and economic theory advocating for the ownership and control of the means of production by the community as a whole.

Price Mechanism

The process by which prices rise or fall as a result of changes in supply and demand, guiding the allocation of resources in a market economy.

Competing Firms

Businesses that operate in the same market, offering similar products or services, and vie for the same consumer base.

External Benefit

A benefit gained by individuals or society that is not reflected in market transactions, often associated with positive externalities.