If We Accept Stanley Milgram's Research Findings,what Would We Conclude

question 117

Multiple Choice

If we accept Stanley Milgram's research findings,what would we conclude about obedience to authority?

• A) It is actually quite rare.
• B) It takes place only in the presence of charismatic leadership.
• C) It may be more common than most people would like to believe.
• D) It occurs only with a laissez-faire leader.

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Definitions:

Economies of Scale

Economies of Scale describe the cost advantages that a business can achieve due to expansion, leading to a lower cost per unit of output.

Long-run Average Total Costs

The per-unit production cost when all factors of production are variable and optimized for scale.

Long-run Average Total Cost

The per-unit cost of production when all inputs, including those typically fixed, can be varied, showing economies of scale if downward sloping.

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the average cost of production falls with increasing output.