Examlex
Comment on the following: "A monopolist is a firm that can raise its price without experiencing a decrease in its total revenue."
Attribution
The process by which individuals explain the causes of behavior and events.
Self-Serving Bias
The tendency to explain personal success by internal causes and personal failures by external causes.
Fundamental Attribution Error
A cognitive bias where individuals attribute others' actions to their character rather than external factors.
Spillover Effect
The influence of an event or behavior in one context spreading into another area, often unintentionally.
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