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Figure 21-31 The figure shows two indifference curves and two budget constraints for a consumer named Kevin.
-Refer to Figure 21-31. If point A is Kevin's optimum, then at that optimum, what is his opportunity cost of a shirt in terms of sweaters?
Sensory Adaptation
The process by which sensory receptors become less responsive to constant stimuli over time.
Absolute Threshold
The minimum intensity of stimulation that must occur before you experience a sensation.
Detection Threshold
The minimum level of intensity at which a stimulus is perceived or detected by the sensory system.
Just Noticeable Threshold
The minimum difference in stimulation that a person can detect 50% of the time; also known as the difference threshold.
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