Regarding Solomon Asch's Classic Experiment on Conformity, Which Involved the "Judging

question 265

Multiple Choice

Regarding Solomon Asch's classic experiment on conformity, which involved the "judging of lines," which of the following statements is FALSE?

• A) Actors playing "student subjects" gave the wrong answer on about a third of the trials to create group pressure.
• B) Subjects conformed to the group on about one third of the critical trials.
• C) Of those subjects tested, less than half yielded to group pressure at least once.
• D) Subjects who were tested alone erred in less than one percent of their judgments.

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Definitions:

Long-Run Equilibrium

A state where all factors of production and costs are variable, allowing firms to make adjustments leading to the ideal output level.

Profit-Maximizing

A strategic approach in which a firm determines the best output level and pricing to achieve the highest possible profit.

Competitive Market

A market structure characterized by a large number of buyers and sellers, where no single entity has a significant influence on the market price.

Long-Run Equilibria

A state in economics where all factors of production and costs are variable, and firms make decisions to maximize profits without any fixed inputs.