According to the Weber-Fechner law, when the change in a stimulus is large in proportion to the original stimulus, the perceived size of the change will be:

A. large.
B. zero.
C. small.
D. impossible to determine.

Answer: A

Economics

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Refer to the information provided in Table 36.1 below to answer the question(s) that follow. Table 36.1PersonWeight (lbs)Abe160Boris210Calvin300Darius185Eddie240Franklin175A study to determine the effect that the weight of an average 6 ft. tall man has on the incidence of Type 2 diabetes was conducted in a small town. The six participants and their corresponding weights are listed in the table.Related to the Economics in Practice on p. 728: Refer to Table 36.1. When using regression discontinuity, if this study had a threshold of 200 pounds, the outcomes of which individuals would be compared?

A. Abe, Darius, and Franklin B. all six individuals C. Abe and Calvin D. Boris and Darius

Economics

Which of the following is an example of a durable good?

a. food prepared at home b. food eaten at a restaurant c. high-fashion clothing d. binoculars e. motor oil

Economics