In a perfectly competitive free market, what is the outcome when benefits and burdens are shared and individuals are paid based on the value of contribution made to the organization?

a. Capitalist justice
b. Marginal utility
c. Equilibrium
d. Price-fixing


A. Capitalist justice

Philosophy & Belief

You might also like to view...

State laws that require physicians to be mandated reporters could be justified on the basis of

a) the duty to warn. b) the duty to rescue. c) paternalism. d) the right to confidentiality.

Philosophy & Belief

Ethics is

a. the values that may derive from a theory or set of principles that concern right and wrong. b. the qualities of justice and fairness. c. a combination of our dispositions and reason. d. the study of the original and scope of the language of morality.

Philosophy & Belief

Which of the following is NOT a fallacy with irrelevant premises?

A. Slippery slope B. Division C. Equivocation D. Composition

Philosophy & Belief

INSTRUCTIONS: Select the answer that best characterizes each argument. Richard has been doing very poorly in biology this term. Therefore, he should schedule an appointment with the professor so he can criticize and berate her teaching ability

A) Appeal to unqualified authority. B) No fallacy. C) Straw man. D) Missing the point. E) Argument against the person, abusive.

Philosophy & Belief