Author Question: Your friend steals towels from hotels. She then tells you she steals because many people steal, so ... (Read 59 times)

urbanoutfitters

  • Hero Member
  • *****
  • Posts: 530
Your friend steals towels from hotels. She then tells you she steals because many people steal, so hotels already figure the cost of the stolen towels into the hotel bill of all customers. From the economic point of view, your friend's logic i
 
  A) correct, because what's fair is fair.
  B) correct, because economics champions such selfish behavior.
  C) impeccable.
  D) incorrect, because it suggests that cost determines price.
  E) incorrect, because it suggests that ethical positions can be derived from economic facts.

Question 2

In economics as well as in social relations in general, clear and concise information
 
  A) eliminates the need for cooperation.
  B) guarantees effective cooperation.
  C) makes cooperation easier to achieve.
  D) makes cooperation more difficult to achieve.



Rilsmarie951

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library