In the Milgram Obedience Experiment in Which Participants Acted as 'Teachers

question 61

Multiple Choice

In the Milgram obedience experiment in which participants acted as 'teachers' who delivered electric shocks to 'learners', why did the participants administer the shocks?

• A) they misunderstood their instructions
• B) the 'learner' had insulted them
• C) the experimenter had instructed them to
• D) they were naturally highly aggressive
• E) both a and b

---

Definitions:

Profit Maximizing

The procedure a business uses to ascertain the most profitable price and volume of output.

Monopolist

A single seller in a market, who has significant control over the price and supply of a specific good or service.

Marginal Cost

The increase in total cost resulting from producing one additional unit of a good or service.

Price Discriminate

A pricing strategy where a seller charges different prices for the same product or service to different customers, based not on costs, but on willingness to pay.