When We Decide That There Is Something About the Situation

question 111

Multiple Choice

When we decide that there is something about the situation that is causing a behavior, we are making a(n) __________ attribution.

• A) external
• B) internal
• C) global
• D) personal

---

Definitions:

Identical Firms

Companies within a market that produce homogeneous products or services with no distinct differences from the consumer's perspective.

Market Supply Curve

The market supply curve is a graphical representation that shows the relationship between the quantity of goods that producers are willing to sell and the price of these goods.

Competitive Market

A market structure in which many firms offer products or services that are similar, allowing consumers to have choices, leading to lower prices due to competition.

Long-Run

A period in which all factors of production and costs are variable, allowing for full adjustment to any changes.