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Unstable Attributions Are Made When People Attribute Events to Things

question 55

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Unstable attributions are made when people attribute events to things that are not likely to change (e.g.,level of intelligence or discriminatory practices).


Definitions:

Expected Cost

An estimate of the cost for a product, project, or operation that is anticipated under normal conditions.

Sell

The act of giving or handing over something in exchange for money.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to covering fixed costs and generating profit.

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors are valid.

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