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One day as your professor is driving to work, another driver runs through a red light and hits his car. The professor is shaken up but survives the incident. However, the next time he starts to enter the intersection, he becomes nervous and fearful. Soon, he starts going to work via another route to avoid the intersection, even though this route adds twenty minutes to his commute in each direction.
According to the principles of classical conditioning, why does the professor become scared of the previously harmless intersection? What can he do about this, as going via the other route is very time consuming? Be specific.
Cost Of Goods Sold
The immediate expenses associated with manufacturing the products a company sells, covering both materials and manpower.
Accounts Payable
Money owed by a business to its suppliers shown as a liability on the company's balance sheet.
Finished Goods Inventory
Products that have been manufactured and are ready for sale, but have not yet been sold to customers.
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