Frank Is the Member of an "Art Group" That Is

question 390

Multiple Choice

Frank is the member of an "art group" that is given the task of judging the quality of several paintings. He likes the group and wants to fit in, but finds that he disagrees about the quality of all the paintings with every member of the group but one: Tim, who wears glasses that are so thick that everyone in the group wonders if he can even see the paintings. According to what we learned about conformity, having Tim in the group will probably cause Frank to

• A) state that his judgments about the paintings are in agreement with the majority's judgments and in disagreement with Tim's.
• B) state that his judgments about the paintings are in disagreement with the majority's judgments and in agreement with Tim's.
• C) dislike Tim.
• D) engage in social facilitation.

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Definitions:

Government

An organization or system that governs and implements policies in a society or a specific geographic area.

Return Requirements

The minimum level of income or profit desired by an investor from their investments.

Risk Tolerance

An investor's ability or willingness to endure market volatility and bear the risk of losing money.

Asset Allocation

The strategy of dividing an investment portfolio across various asset categories, such as stocks, bonds, and cash to optimize risk and return.