In determining whether workers assumed a risk by choice, a case not finding evidence of coercion means that ________
A. workers were not forced to accept jobs
B. other jobs may have been more hazardous
C. there may have been other people willing to accept the jobs
D. not all jobs were hazardous
A
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In his essay "Social Responsibility and Economic Efficiency," Kenneth Arrow has argued that ethical behavior in the business world comes only at the expense of economic efficiency
Indicate whether the statement is true or false
The researcher who used electrical shocks to demonstrate the power of conformism was ________.
A. Solomon Asch B. Abraham Maslow C. Stanley Milgram D. Jean Piaget
Amber notices that a few currency notes are missing from her purse kept on her coffee table. She immediately holds Lily, the housemaid, accountable for it because the previous housemaid who was from the same village as Lily had stolen money from Amber's house. In this case, Amber's thought process reflects ________.
A. hasty generalization B. relativistic thinking C. superiority bias D. narcissism
Externalities are the unintended negative (or in some cases positive) consequences that an economic transaction
between two parties can have on some third party.
a. True b. False