Compared with the Explanations We Give for the Actions of Strangers

question 32

Multiple Choice

Compared with the explanations we give for the actions of strangers, our explanations for our own behavior are more likely to refer to

• A) stereotypes.
• B) superordinate goals.
• C) situational influences.
• D) mirror-image perceptions.

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Definitions:

Secretly Raising

Covertly increasing the level, amount, or degree of something, often done without public or open acknowledgment.

Cartel Arrangements

Agreements among competing firms to control prices, limit production, or divide markets, often to increase profits at the expense of consumers.

Secret Price Reductions

The practice of offering discounts or lower prices to select customers or within certain channels without publicizing these reductions broadly.

Oligopolistic Market

A market structure characterized by a small number of firms that have significant control over market prices and competition.