Author Question: Your friend steals towels from hotels. She then tells you she steals because many people steal, so ... (Read 72 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?

The average adult has about 21 square feet of skin.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

For a complete list of videos, visit our video library