The Fundamental Attribution Error Refers to How People Tend to Overestimate

question 63

Multiple Choice

The fundamental attribution error refers to how people tend to overestimate the importance of personal factors and _______________ the importance of situational factors, when explaining other people's behaviours.

• A)overestimate
• B)underestimate
• C)overcompensate
• D)ignore

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Definitions:

Break-Even

The point at which total costs and total sales are equal, resulting in no net loss or gain.

Common Fixed Expenses

Expenses that do not change with the level of production or sales over a certain period and are shared among different segments or products of a business.

Break-Even

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

Sales Dollars

The total revenue generated from selling goods or services, expressed in monetary value.