The Tendency to Remember the Word Cat Instead of Dog

question 127

Multiple Choice

The tendency to remember the word cat instead of dog and mouse from the following list: cat, dog, mouse illustrates the

• A) primacy effect.
• B) recency effect.
• C) salience effect.
• D) initial word effect.

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Definitions:

Economic Profit

The difference between the total revenue generated by a business and its total costs, including both explicit and implicit costs.

Fixed Amounts

Specified quantities that do not change over a designated period of time or under particular conditions.

Total Product

The total quantity of output produced by a firm or economy during a given period.

Wage Rate

The standard amount of compensation given to an employee for services rendered, typically expressed per hour or year.