Refer to the Information Given in Table 16 -Refer to Table 16

question 6

Multiple Choice

Refer to the information given in Table 16.5 below to answer the question that follows.
Table 16.5 $\begin{array} { ccc } \text { Units of } & \text { Person A's } & \text { Person B's }\\\text {Public Good}&\text { Willingness to Pay}&\text { Willingness to Pay}\\ \hline1 & \$ 50 & \$ 60 \\2 & 30 & 50 \\3 & 0 & 30\\\hline\end{array}$
-Refer to Table 16.5. A point on the market demand curve for this public good would be: at a price of ________ quantity demanded would be ________.

• A) $30; 5
• B) $50; 3
• C) $100; 1
• D) $110; 1

---

Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.