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Decay theory proposes that forgetting occurs due to the fact that memory traces fade over time; while interference theory argues that forgetting takes place because of competition from other material in long term memory.
Statement of Fact
An assertion about something that is true and can be verified objectively, without bias or judgment.
Price Discrimination
The act of selling the same quantity of the same product to different buyers at different prices.
Promotional Allowances
A reduction in price or the provision of added value in goods or services given to retailers or customers, often as an incentive for bulk purchases or promotional activities.
Customer Discrimination
The unfair or prejudicial treatment of customers based on personal characteristics, rather than on the merit of the customer or the customer's needs.
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