Lisa Believes That Drinking Alcohol Is Wrong

question 119

Multiple Choice

Lisa believes that drinking alcohol is wrong.However,her boyfriend,Mike,likes to drink beer after work.Instead of breaking up with Mike,she decides that drinking alcohol is not
So bad after all.Lisa's attitude most likely changed because of

• A) the fundamental attribution error.
• B) the actor/observer bias.
• C) the insufficient justification effect.
• D) cognitive dissonance.

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Definitions:

Prisoners' Dilemma

A fundamental problem in game theory showing why two individuals might not cooperate, even if it appears that it is in their best interest to do so.

Nash Equilibrium

A concept in game theory where players' strategies are in balance, and no player can benefit by changing their strategy unilaterally.

Dominant Firm Model

A market structure where one large firm controls the majority of the market share, influencing prices and output levels while smaller firms act as price takers.

Market Structure

Refers to the organization and characteristics of a market, including the degree of competition, number of firms, and the distribution of market shares.