Author Question: Smith's utilitarian argument is most commonly criticized for making what some call unrealistic ... (Read 73 times)

CORALGRILL2014 · **on:** Jun 19, 2018

Smith's utilitarian argument is most commonly criticized for making what some call unrealistic arguments.

a. Smith assumes that no one seller can control the price of a good.
b. Smith assumes that the manufacturer will pay for all the resources used to produce aproduct.
c. Smith assumes that humans are motivated only by a natural, self-interested desirefor profit.
d. All the above
e. B & C

Question 2

Trade-secret protection agreements that are based on confidentiality assume that ____ .

A. the trade secret was not developed by the employee
B. the employee will not work for other companies
C. the employer is involved in a high-tech industry
D. the employee will eventually work for a competitor