A society that embraces diverse ways of being and living is often called
a) egalitarian.
b) free.
c) pluralistic.
d) equalitarian.
c) pluralistic.
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Which of the following is an ethical deficiency that can occur when a market is no longer allocating resources or distributing commodities in a way that maximizes utility?
a. Society will prevent overproduction, thereby limiting resources being consumed. b. Goods become more efficiently distributed to consumers as external costs become differentiated. c. Firms that do not have to pay external costs use up and waste resources being consumed by external costs. d. The overproduction of a commodity results in the production of other commodities, creating greater demand.
Goal-oriented ethical traditions are called _______________
a. moral side-constraints b. teleological theories of ethics c. underserved inequalities d. entitlement theory of justice
A corporation is what kind of person?
A. artificial B. extension C. heartless D. directive
Bayes's theorem does not provide a good model for testing hypotheses with a prior probability of 0
Indicate whether the statement is true or false