How Does Aging Affect Memory

question 35

Multiple Choice

How does aging affect memory?

• A) Memory ability declines with age, and by middle adulthood significant decline has occurred.
• B) With advancing age, auditory memory declines rapidly, but visual memory is stable or improves.
• C) With advancing age, individuals tend to remember fewer specific details of a story and more of the theme or meaning of the story.
• D) By age 45, an individual would have more difficulty retrieving a semantic memory than an episodic memory.

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Definitions:

Profit-Maximizing Monopolistically Competitive

A situation where a firm in a monopolistically competitive market sets its product prices and output levels to maximize its profits, recognizing it has some degree of market power.

MR = MC

An economic principle where a firm maximizes its profit when its Marginal Revenue equals Marginal Costs.

Marginal Revenue

The extra income obtained from the sale of an additional unit of a product or service.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good which consumers are willing to purchase.