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What is the difference between accounting profits and economic profits? Which of the two concepts is more appropriate for explaining decisions made by entrepreneurs? Explain.
Conditioned Fear
A learned response to a previously neutral stimulus that becomes associated with a fearful event.
Spacing Effect
The phenomenon where learning is more effective when study sessions are spaced out over time rather than crammed in a short period.
Rehearsal
A cognitive process in which information is repeated mentally or out loud to maintain it in short-term memory or to encode it for long-term memory.
Encoding
The method of transforming data into a format that enables its storage in our memory.
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