Adam Smith and Ayn Rand would most likely agree on which of the following statements?
a. The suffering of others should not factor into a calculation of one’s decisions or
behaviors.
b. Communal harmony is just as important as the pursuit of self-interest.
c. People should pursue their self-interests at all costs.
d. People tend to place their self-interests above those of others.
d. People tend to place their self-interests above those of others.
You might also like to view...
A(n) ________ is a type of retail location where two or more stores are situated together or in close proximity and the overall mix of stores is not the result of prior long-range planning.
A. unplanned business district B. isolated store combination C. unplanned shopping center D. main street center E. variety shopping center
The key consideration in determining whether an employment manual creates an implied contract is the employee's reasonable expectations
Indicate whether the statement is true or false
The system in which raw materials are distributed by entrepreneurs to homes in which family members process those materials into finished products is referred to as
A. the factory system. B. an apprenticeship. C. specialization. D. free enterprise. E. the domestic system.
Explain who the counterparty is to a risk management derivatives contract that an insurance company would engage in and what his or her motives are to engage in the derivatives contract
What will be an ideal response?