Signal Detection Theory Assumes That

question 157

Multiple Choice

Signal detection theory assumes that:

• A)a person's ability to detect a stimulus depends only on the stimulus.
• B)there is a single threshold for each sense.
• C)a person's response depends on the stimulus and on a decision about it.
• D)the person's sensory receptors are not fatigued.

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Definitions:

Comparative Advantage

The ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than its competitors, underlining the benefits of specialized production and trade.

Opportunity Cost

The relinquishment of possible rewards from other opportunities when one is selected.

Opportunity Cost

Refers to the benefits one foregoes by choosing one option over another, highlighting the trade-offs inherent in decision-making processes.

Bushel

A unit of volume that is used in the United States for measures of agricultural produce, such as grains, fruits, and vegetables.