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You present an infant with two stimuli and time how long she looks at each of them. Over a 5-minute period the infant looks at each of them for the same amount of time. You can probably conclude that the:
Opportunity Cost
Missing out on possible advantages from other choices when a specific choice is made.
Benefit
is an advantage or profit gained from something, or a payment or gift made by an employer, the state, or an insurance company.
Present Value
The existing worth of a forthcoming monetary sum or cash flows, assessed with an agreed-upon rate of return.
Annuity Table
A financial tool used to determine the present or future value of an annuity investment by applying various interest rates and time periods.
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