What Is Disintermediation? Explain with an Example

question 33

Essay

What is disintermediation? Explain with an example.

---

Definitions:

Refractory Threshold

The minimum duration needed after an action potential initiation during which another action potential cannot be triggered in a neuron.

Absolute Threshold

The minimum intensity of a stimulus that one can detect 50% of the time, marking the boundary between perceivable and imperceptible stimulus intensity.

Difference Threshold

The minimum difference in stimulation that a person can detect 50% of the time; also known as the just noticeable difference (JND).

Relative Magnitude

The perceived size or importance of one quantity in comparison to another.