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Consider Mandy's Decision to Go to College

question 63

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Consider Mandy's decision to go to college.If she goes to college,she will spend $20,000 on tuition,$10,000 on room and board,and $2,000 on books.If she does not go to college,she will earn $18,000 working in a store and spend $8,000 on room and board.Mandy's cost of going to college is


Definitions:

Difference Threshold

The minimum noticeable difference that a person can detect between two stimuli 50% of the time; also known as the just noticeable difference (JND).

Just Noticeable Difference

The smallest difference in a stimulus that an organism can barely perceive.

Difference Threshold

The minimum difference in stimulation that an individual can detect 50% of the time, also known as the just noticeable difference (JND).

Difference Threshold

The minimum difference in stimulation that a person can detect 50 percent of the time, also known as the just-noticeable difference (JND).

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