Examlex
What type of pricing strategy is used in a situation where demand for a product is price inelastic and the seller has an ethical responsibility not to overcharge the client?
Conditioned Stimulus
A previously neutral stimulus that, after becoming associated with an unconditioned stimulus, eventually triggers a conditioned response.
Conditioned Response
A learned response to a previously neutral stimulus that has been repeatedly associated with an unconditioned stimulus.
Unconditioned Response
An automatic and innate reaction to a stimulus, not learned through prior experience.
Bobo Doll Experiments
A series of studies conducted by Albert Bandura illustrating that children can learn and replicate aggressive behaviors simply by observing others.
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