In Asch's Classic Experiment,a Standard-Setting Line Was First Presented to Small

question 79

Multiple Choice

In Asch's classic experiment,a standard-setting line was first presented to small groups of people,followed by the presentation of three comparison lines of different lengths.In one condition,three accomplices,posing as students,chose an incorrect answer before the subject could respond.of the research participants never yielded to group pressure to accept an incorrect response.

• A)Almost 25 percent
• B)About 5 percent
• C)50 percent

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Definitions:

Rational Consumers

Consumers who make choices to maximize their utility, based on preferences, budget constraints, and available information.

Budget Constraint

An economic model that represents all the combinations of goods and services that a consumer can afford to purchase at given prices within their income level.

Prices Knowledge

Understanding of how prices are determined in markets and the factors that influence them.

Classroom Experiment

An educational activity conducted within a classroom setting that allows students to observe and participate in a controlled scenario related to the subject matter.