Examlex
Due to the difficulty of allocating costs to products in a multiproduct firm, the breakeven model may fail to determine breakeven points for each product line.
Fundamental Attribution Error
A cognitive bias that leads people to overemphasize personal traits and underestimate situational factors when explaining others' behaviors.
Self-Serving Bias
A cognitive bias that involves attributing successes to internal factors and failures to external factors to maintain self-esteem.
Penalty Shot
A free shot granted as a result of a violation of rules, specifically in sports like soccer and hockey, with only the shooter and goalkeeper involved in the attempt.
Choppy Conditions
Phenomena characterized by sudden changes or turbulence, often used in the context of water or financial markets.
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