Mr Tully, the Principal at an All-Boys Boarding School, Has

question 98

Multiple Choice

Mr. Tully, the principal at an all-boys boarding school, has instituted a number of policies in order to try to curb violence and aggression among his students. Based on the research in social psychology, which of these policies will probably be ineffective?

• A) Encouraging aggressive sports, so that students can release their aggression
• B) Restricting students' consumption of fried foods and sugary foods
• C) Banning violent television programs
• D) Banning violent video games

---

Definitions:

Profit-Maximizing

The process or strategy of adjusting production and pricing to achieve the highest possible profit.

Socially Optimal Price

The price of a product that results in the most efficient allocation of an economy's resources and that is equal to the marginal cost of the product.

Marginal Cost

The expenses associated with creating an extra unit of a good or service.

Natural Monopoly

A market condition where the most efficient scale of production is achieved when a single firm supplies the entire market due to high fixed or start-up costs.