The Opportunity Cost of Making a Component Part in a Factory

question 44

Multiple Choice

The opportunity cost of making a component part in a factory with no excess capacity is the

• A)variable manufacturing cost of the component.
• B)fixed manufacturing cost of the component.
• C)total manufacturing cost of the component.
• D)net benefit foregone from the best alternative use of the capacity requireD.

Explain the concept of sensory adaptation and its effects on perception.

Describe the basic concepts and importance of top-down processing in understanding sensory information.

Understand the effects of sensory devices and interventions on compensating for sensory loss.

Recognize the influence of mental set and physical state on the perception of stimuli.

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Definitions:

Altruistic Allele

Refers to genes that promote behavior benefiting other individuals at the cost to the individual carrying the gene.

Hamilton's Rule

A principle in evolutionary biology that predicts when natural selection favors the spread of a gene for altruistic behavior, based on relatedness and the cost and benefit of the behavior.

Offspring

The product of reproduction, a new organism produced by one or more parents.

Stress Steroids

Chemicals released into the body in response to stress, affecting physiological functions.