Recall Solomon Asch's Famous Line-Judging Studies

question 114

Multiple Choice

Recall Solomon Asch's famous line-judging studies. In these studies, research subjects were asked to make judgments about unambiguous stimuli. They were asked to do this while in the presence of confederates who consistently gave incorrect responses. According to the textbook, one of the important conclusions to be drawn from Asch's research is that ____.

• A) people look to authority figures for information-rather than to the environment
• B) people look to authority figures for information-rather than to one another
• C) people look to the environment for information-rather than to one another
• D) people look to one another for information-rather than to the environment

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).

Assets

Resources owned or controlled by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

Risk Averse

A characteristic of preferring to avoid loss over making a gain, typically leading to more conservative decision-making in the face of uncertainty.

Investors

Individuals or entities that allocate capital with the expectation of receiving financial returns.