Discuss the Concept of Attribution, as Well as Faulty Attribution

question 7

Essay

Discuss the concept of attribution, as well as faulty attribution, along with the three dimensions-consensus, distinctiveness, consistency-by which people form judgments of other people's actions. How does the level of each (low or high) lead to a judgment of external or internal causes behind another person's behavior? Give examples.

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Definitions:

Consumer Surplus

The difference between the total amount that consumers are willing and able to pay for a good or service versus the total amount that they actually do pay.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service versus how much they actually receive, measured by the area above the supply curve and below the market price.

Government Tax

is a compulsory financial charge imposed by a government on individuals, organizations, or transactions to fund public expenditure.

Consumer Surplus

The difference between what consumers are willing to pay for a good or service relative to its market price, representing the benefit to consumers from participating in the market.