The Actor-Observer Effect Suggests That

question 248

Multiple Choice

The actor-observer effect suggests that

• A)actors and observers tend to view the actor's behaviour in an identical way.
• B)actors tend to make dispositional attributions about their own behaviour.
• C)actors and observers tend to view the actor's behaviour in a different way.
• D)observers tend to make situational attributions about the actor's behaviour.
• E)actors tend to take credit for successful outcomes and blame failures on observers.

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Definitions:

Goods Offered

The products made available to consumers in the market, including tangible items that satisfy needs or wants.

High Start-Up Costs

The significant initial investment required to establish a new business, which can include expenses related to research and development, manufacturing, marketing, and administrative infrastructure.

Few Competitors

A market condition where only a small number of firms operate, often leading to higher prices and reduced competition.

Oligopoly

Market structure in which relatively few sellers compete and high start-up costs form barriers to keep out new competitors.