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1. Aristotle wrote in the Nicomachean Ethics that ethical virtues are what?
Gained by imitating worthy people
Natural-born abilities
Traits (such as wisdom, justice, courage, and temperance) that we acquire through our abilities of reason and which we practice until they become habits
Gained by concentrated study under disciplined teachers, much like coaching
Gained by specialized knowledge and study in very precisely defined subjects
2. "If someone appears to be violating the consistency principle, then the burden of proof is on that person to show he or she is in fact not violating the principle." What fallacy is being committed by the person who violates this statement?
Red herring
inconsistency ad hominem
Utilitarianism
Justified exception to the rule
Strawman
Price discrimination is the practice of charging: Competitive markets ______ goods with negative externalities and ______ provide goods with positive externalities.
q. db - does microsoft have a monopoly over operating systems?former dean of the sloan school of management at
To what degree does real GDP measure to health of an economy? How is it possible to make valid international comparisons of real GDP? Support your answer with examples.
When the price of gasoline increased from 3 to 4 dollars per gallon, the demand for gasoline decreased from 100,000 gallons to 90,000 daily. Also, the demand for a $50,000 SUV dropped from 3000 to 2500 cars per month. Estimate the change in the total..
Pete and Paul live in an exchange economy (so we can use the Edge worth-box). The economy has endowment of 10 cheese slices and 10 crackers. Pete has distinguished taste, he likes to eat cheese with cracker, to the extent that he considers them perfe..
Illustrate what new decisions will you make regarding production levels and pricing for your Widget facility.
q1. suppose demand function for good x is estimated to be qx 8000 - 400px 200py 0.5inbspi average income px price
in managerial economics applications strategy and tactics if contract promises were not excused because of acts of war
Suppose a competitive rm produces spaghetti dinners. The market price of a spaghetti dinner is $20. The cost of making the dinners is given by C (Q ) = 10Q + (Q 2/160). The marginal cost is given by MC = 10 + (Q/80).
find one example of a price-fixing conspiracy and describe it in 200 words or less. matthews anna wilde. as u.s. trade
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
What is globalization (please define it both as a process and outcome) What factors can you identify in explaining why globalization occurred How do you assess its impact upon both rich countries and poor ones, in particular, the issue of inequality ..
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