Examlex
Learning that occurs when repeated exposure to a stimulus decreases an organism's responsiveness to the stimulus is called ________.
Fixed Cost
Expenses that do not change in the short term, regardless of the level of output or sales, such as rent, salaries, and loan payments.
Monopolistically Competitive
A market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power and price-setting ability.
Short Run
A period during which at least one factor of production is considered fixed, limiting the capacity to adjust production levels.
Continue to Operate
A business decision to keep running the operations despite challenges or low profitability in the short term.
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