Some Physicians Take Credit When Things Go Well but Not

question 59

Multiple Choice

Some physicians take credit when things go well but not take blame for failure. This is indicative of their _____ in research.

• A) self-serving bias
• B) testing effect
• C) impact bias
• D) context effect

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Definitions:

Experience-Curve Pricing

A pricing strategy that takes into account the reduction in costs and increase in efficiency that occurs as a company gains experience producing a product or service.

Target Return-On-Investment Pricing

Setting a price to achieve an annual target return on investment (ROI).

Orion Lunar Spacecraft

A NASA spacecraft designed to carry astronauts to the Moon and beyond as part of the Artemis program.

Cost-plus-fixed-fee Pricing

A pricing strategy where the selling price is determined by adding a fixed fee or profit margin to the total cost of manufacturing or producing the product.