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An animal trainer is conditioning an elephant to startle at the sound of a trombone.Every time she plays the trombone,she then shows the elephant a mouse,which startles the elephant.Eventually,the elephant startles at just the sound of the trombone.However,after playing the trombone 10 more times,without a mouse appearing,the elephant exhibits no response.The lack of a response is an example of:
Amortization
The process of gradually writing off the initial cost of an intangible asset over a period of time.
Legal Life
The duration for which a legal entity, patent, copyright, or other legal protection is valid or enforceable.
Depletion Expense
The allocation of the cost of natural resources over their productive life, typically used in industries like mining and forestry.
Drilling Rights
Legal permissions granted to an individual or company to explore and extract minerals, oil, or gas from the land.
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