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Describe Chaiken's heuristic-systematic model and how it relates to information processing. What are some factors that influence people's information processing, and in what direction is that influence?
Accumulated Depreciation
The overall depreciation cost that has been allocated to a fixed asset over the span of its useful life.
Patent Rights
Legal protections granted to inventors, giving them exclusive rights to produce, use, and sell their inventions for a limited period.
Amortization
The process of spreading out a loan or an intangible asset's cost over its useful life.
Useful Life
The estimated period over which an asset is expected to be usable, providing economic benefits to its owner.
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