Final answer:
Memory consolidation is the process by which short-term memories or sensory information are converted into long-term memory, organizing and stabilizing memory traces for long-term storage with unlimited capacity. So the correcct option is b.
Step-by-step explanation:
The concept of memory consolidation is best reflected in the statement that it converts short-term memories or sensory information into long-term memory. This process involves organizing and stabilizing a memory trace after the initial acquisition. Memory consolidation allows for short-term memory, which is temporary, to be transformed into long-term memory (LTM), which is a continuous storage of information. This process can take time ranging from a few hours for synaptic consolidation to weeks or even longer for systems consolidation, where memories become independent of the hippocampus and are stored in cortical networks.
Long-term memory is believed to have an unlimited capacity and retains information for periods ranging from minutes to an entire lifetime. There are different types of long-term memories, including explicit memory, which is the conscious recall of facts and events, and implicit memory, which includes skills and conditioned responses that we may not be conscious of.