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Describe the use of classical conditioning in two experimental situations.Identify the conditional stimulus and unconditional stimulus in each situation.
Cost of Goods Sold
Costs directly connected to the assembly of products sold by a business, covering materials and labor expenses.
Operating Income
The profit realized from a business's core business operations, excluding deductions of interest and tax.
Operating Expenses
Costs associated with running the day-to-day operations of a business which are necessary to keep the business functioning, excluding the cost of goods sold.
Gross Profit
The distinction between the income from sales and the expense of goods sold prior to subtracting costs for overheads, wages, taxes, and interest.
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