Long Ago,during the Early Days of Television,when a Television Set

question 167

Multiple Choice

Long ago,during the early days of television,when a television set was turned off it took a while for the last image that was on the screen to fade away.This phenomenon is most like _________.

• A)iconic memory
• B)echoic memory
• C)short-term memory
• D)long-term memory

---

Definitions:

Price Elasticity

A measure of the sensitivity of quantity demanded or supplied to changes in price.

Teeth Whitening

A cosmetic dental procedure aimed at lightening the color of teeth to improve appearance by removing stains and discoloration.

Elastic

Describes demand that is sensitive to price changes, where a small change in price results in a significant change in the quantity demanded or supplied.

Dropping Price

A strategy involving the reduction of the price of a product or service with the aim of attracting more customers or selling off surplus stock.