People Are More Likely to Conform When

question 16

Multiple Choice

People are more likely to conform when

• A) a judgment task is ambiguous.
• B) group members are perceived as biased.
• C) their responses are kept private.
• D) they have an ally who also goes against the group.
• E) the group is 1-2 people.

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Definitions:

Highest Price

The maximum price at which a good, service, or asset is sold in the market, often influenced by factors such as scarcity, demand, and quality.

Pure Monopolist

An entity that is the sole provider of a particular product or service in a market, without any competitors, effectively controlling the market.

Increase Price

A strategy or action where the selling price of goods or services is raised to generate higher revenue or cope with increased costs.

Volume of Sales

The total quantity of goods or services sold by a company within a specific period.