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In Milgram's First Study of Obedience,the Majority of "Teachers" Who

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In Milgram's first study of obedience,the majority of "teachers" who were ordered to shock a "learner"


Definitions:

Intangible Costs

Expenses or costs that are not easily quantifiable, including things like brand value, intellectual property, or goodwill.

Variable Costs

Costs that change in direct proportion to sales.

Price Elastic

Refers to how sensitive the demand for a product is to changes in its price; high elasticity indicates demand significantly changes with price adjustments.

Price Inelastic

Describes a situation where the demand for a product does not significantly change with a change in its price.

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