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Marking down the price of a popular product, in order to attract more customers and build consumer traffic is called:
B. F. Skinner
An American psychologist known for his work in behaviorism and for developing the theory of operant conditioning.
Unobservable States
Refers to internal processes or conditions that cannot be directly observed or measured, such as thoughts, feelings, or intentions.
Behaviourism
A theory of learning that focuses on observable behaviors and discounts mental activities, asserting that behavior is a result of environmental stimuli.
Observable Behaviour
Actions of individuals that can be seen and measured, often used in psychological studies to understand and predict human behaviors.