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What is an oligopoly? Give two examples of oligopolistic industries in Canada.
Technology Response
The way individuals, groups, or societies react and adapt to technological innovations and changes.
Correspondent Inference
Correspondent inference is a theory in social psychology that explains how individuals infer the disposition or traits of others from their observed behavior, especially when their actions are freely chosen.
External Attribution
The process of attributing the cause of a behavior or event to situational factors outside the control of the individual.
Availability Heuristic
A cognitive heuristic that depends on readily accessible examples in an individual's memory when assessing a particular subject, idea, technique, or choice.
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