How Does Semantic Memory Change in Old Age

question 3

Multiple Choice

How does semantic memory change in old age?

• A) It shrinks.
• B) It continues to develop.
• C) It becomes rearranged.
• D) It shows smaller priming effects.

---

Definitions:

Long-Run Equilibrium

A state in a market where, given sufficient time, all factors of production and costs are variable, allowing firms to enter or exit the market, and no economic profit is earned.

Monopolistic Competition

A market structure where many firms sell products that are similar but not identical, allowing for competition based on product differentiation.

Market Demand

The total demand for a product or service in a market, aggregating all individual demands at various prices.

Long Run

A period of time in which all factors of production and costs are variable, allowing companies to adjust to market changes.