Nunes and Kramer (2009)investigated Whether Age-Related Declines in Certain Aspects

question 6

Multiple Choice

Nunes and Kramer (2009) investigated whether age-related declines in certain aspects of performance (e.g. ,speed,multitasking) are offset by experience.What did they find?

• A)There was no experience-related sparing of abilities;younger participants outperformed older participants across the board.
• B)There was complete experience-related sparing of abilities;the experience of older participants mitigated any basic disadvantages in processing.
• C)There was experience-related sparing of abilities,but only for executive control tasks like task switching.
• D)There was experience-related sparing of abilities,but only for simple tasks like conflict detection.

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Definitions:

Economic Profit

The surplus or profit generated by a company after accounting for both explicit and implicit costs, indicating financial performance.

Maximum Earning

The highest possible income or profit that an entity or individual can achieve under given conditions.

Contestable Market

A market in which the costs of entry and exit are low, so a firm risks little by entering. Efficient production and zero economic profits should prevail in a contestable market.

Economic Profits

Profits earned by a firm after accounting for both its explicit and implicit costs, including opportunity costs.