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If Marginal Benefit Is Less Than Marginal Cost,output Is Inefficiently

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If marginal benefit is less than marginal cost,output is inefficiently high.


Definitions:

Flashbulb Memory

A vivid, detailed, and long-lasting memory of a very intense experience.

Emotional Arousal

The condition of being stimulated to emotion or activity, often characterized by increased physiological activity and emotional intensity.

Personal Experience

An individual's direct encounter or involvement in events, shaping their perception, learning, and overall understanding.

Sensory Register

The initial storage of memory for a very brief time after an event.

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