________ Bias Indicates the Tendency of an Individual to Attribute

question 67

Multiple Choice

________ bias indicates the tendency of an individual to attribute his own successes to internal factors while putting the blame for failures on external factors.

• A) Anchoring
• B) Self-serving
• C) Congruence
• D) Status quo
• E) Distinction

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Definitions:

Market Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by all consumers in the market.

Monopoly

is a market structure characterized by a single seller, selling a unique product in the market without any direct competition.

Franchise

A business model that allows one to use another's established brand and operating systems in exchange for a fee and ongoing royalties.

Cable Television

A system for delivering television programming to viewers via radio frequency signals transmitted through coaxial cables or light pulses through fiber-optic cables.