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Prices Are Carried in Buyers' Minds and Used When Looking

question 50

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prices are carried in buyers' minds and used when looking at a given product.


Definitions:

Psychopathology

The study of mental disorders, including their symptoms, causes, and treatment, focusing on abnormal behavior and psychological functioning.

Aversive Feelings

Negative feelings that often lead to avoidance behavior, these can include emotions such as disgust, fear, or hatred towards specific stimuli or situations.

Habituation

The process of becoming accustomed to a stimulus or environment over time, leading to a decrease in responsiveness.

Fear-Producing Stimuli

Objects, situations, or cues that elicit a fear response or anxiety in individuals, relevant in studies of phobias and anxiety disorders.

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