Remembering the Name of Your Favorite Toy When You Were

question 113

Multiple Choice

Remembering the name of your favorite toy when you were a child is an example of _____ memory.

• A)prospective
• B)implicit
• C)semantic
• D)episodic

---

Definitions:

Budget Constraint

The limitations on the consumption choices of an individual or family due to limited financial resources.

Product Alpha

A term often used to define the first version or iteration of a product, typically before it is released to the general public for feedback.

Marginal Utility

The additional satisfaction or utility that a person receives from consuming one more unit of a good or service.

Utility-Maximizing Rule

An economic principle stating that consumers allocate their income to purchase the combination of goods and services that maximizes their utility.