When Someone Tries to Explain Another's Attribution Based on Situational

question 117

Multiple Choice

When someone tries to explain another's attribution based on situational factors,

• A) the inferences are more likely to be accurate.
• B) it is stereotyping.
• C) it may be termed correspondence bias.
• D) it is a self-fulfilling prophecy.

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Definitions:

Double Marginalization

A phenomenon in vertical supply chains where each layer of production adds its own markup, leading to higher prices for end consumers.

Resulting Price

The price that emerges in the market as a consequence of supply and demand forces.

Arbitraging

The practice of buying and selling assets in different markets or forms to profit from price discrepancies.

Price Discriminate

A pricing strategy where a seller charges different prices for the same product or service to different customers, based on various factors like willingness to pay, location, or purchase history.