Your Best Friend Is Trying to Sneak Up on You

question 262

Multiple Choice

Your best friend is trying to sneak up on you, but you note some movement coming up behind you on your left side. You spin around and scare her instead. Your ability to detect this movement is due to the large number of rods that lie 20 degrees from the center of the retina and demonstrates your excellent __________ vision.

• A)extrasensory
• B)color
• C)peripheral
• D)kinesthetic

---

Definitions:

Producer Surplus

The difference between what producers are willing to accept for a good or service versus what they actually receive, measured by the area above the supply curve and below the price level.

Demand

The desire to purchase goods and services backed by the ability and willingness to pay a certain price.

Consumer Surplus

The gap between the total price consumers are ready and able to spend on a good or service and what they actually spend.

Willingness To Pay

The maximum amount an individual is prepared to spend to acquire a good or service.