Examlex
By paying efficiency wages,firms contribute to higher structural unemployment because they:
Sensory Memory
A type of storage that holds sensory information for a very short period of time, usually under one second.
Stimulus Set Point
The threshold at which a stimulus is strong enough to elicit a response or reaction.
Just Noticeable Difference
The minimum difference in stimulation that a person can detect 50% of the time, a concept also known as the threshold of sensation.
Absolute Threshold
The minimum intensity of stimulation that must be achieved in order for a stimulus to be detected 50% of the time.
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