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Five-year-old Julian has learned that loud thunder usually follows a bolt of lightning. As soon as he sees lightning, he covers his ears to avoid the loud thunder. According to the two-factor theory of avoidance learning, covering his ears is reinforced because:
Product Life Cycle
A concept that describes the stages a product goes through from its introduction to the market until it is discontinued.
Pricing Constraint
Limitations or factors that influence the setting of a price for a product or service, such as cost, competition, or customer expectations.
Product Nostalgia
A sentimental longing or affection for past periods or products, often leveraged in marketing to appeal to consumers' emotions.
Newer Product
A recently introduced or updated product that offers improvements or differences compared to older versions or models.
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