Homework Answers
Maximin rule
Rawls states that the maximin rule is used by Individuals in order to select the principles of governing the society in the original position. This includes the process of comparison between the worst possible outcome of each of the alternatives that has been formulated.
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Question 9 1 pts Rawls believes that when deciding on the principles that will govern their...
Question 16 1 pts Which of the following statements is not something that John Rawls would...
Question 16 1 pts Which of the following statements is not something that John Rawls would likely say about his views about economic justice? When choosing principles for society, rational people would choose a society that has the best conditions for those worst off. O We must address the least advantaged as being born to a certain socioeconomic status or in a certain country is an arbitrary "luck of the draw". For us to choose just principles of society, we...
QUESTION 19 This question, and the three questions that follow it, have to do with the...
QUESTION 19 This question, and the three questions that follow it, have to do with the following paragraph from John Rawls's A Theory of Justice. One should not be misled, then, by the somewhat unusual conditions which characterize the original position. The idea here is simply to make vivid to ourselves the restrictions that it seems reasonable to impose on arguments for principles of justice, and therefore on these principles themselves. Thus it seems reasonable and generally acceptable that no...
fundamentals of bios D Question 4 1 pts When deciding if the distribution of a binomial...
fundamentals of bios
D Question 4 1 pts When deciding if the distribution of a binomial random variable can be approximated using the Poisson Distribution, all of the following must be true EXCEPT O a. n is large O b. p is small О с. npenp(1-p) d. We are modeling incidence of disease
Question 9 1 pts The Total Product equation is as below: Q = 2L2 – 16L...
Question 9 1 pts The Total Product equation is as below: Q = 2L2 – 16L + 20 O The TP is maximum when L = 6 O The TP is maximum when L = 4 O The Marginal product is equal to 0 O The average product is positive when L = 4
Question 1 2 pts The CFO of Brain Capital Co is cautious when deciding whether to...
Question 1 2 pts The CFO of Brain Capital Co is cautious when deciding whether to undertake a new potential project and therefore, she projects an optimistic, a realistic, and the most pessimistic outcomes that can happen. Which type of analysis is she using? O Sensitivity Analysis Scenario Analysis Rationing Analysis Simulation Testing Break-Even Analysis Question 2 3 pts At the accounting break-even point, Mountains and Lakes Co. sells 22,940 boots at a price of $19 each. The depreciation is...
Question 9 5 pts Corporate social responsibility may increase a business's reputation or goodwill. O True...
Question 9 5 pts Corporate social responsibility may increase a business's reputation or goodwill. O True O False 5 pts Question 10 The first step in making an ethical decision is to understand the problem. True O False 5 pts D Question 11 Business ethics looks at whether business decisions o are right or wrong. O derive from well-known business principles. O follow legal doctrine. O align with corporate policy. D Question 12 5 pts Ethics focuses on how persons...
Question 5 1 pts Case 1. Suppose a coffee shop's only variable input is labor. When...
Question 5 1 pts Case 1. Suppose a coffee shop's only variable input is labor. When 20 workers are hired, the average product of labor is 250 (cups/worker), and the marginal product of the 20th worker is 200 (cups/worker). The price of labor is $200 per worker. The cost of all fixed inputs is $1000. Refer to Case 1. When 20 workers are hired, the marginal cost of coffee is $_per cup. O2 O 0.5 O 0.8 01 Question 6...
Question 5 1 pts Case 1. Suppose a coffee shop's only varlable input is labor. When...
Question 5 1 pts Case 1. Suppose a coffee shop's only varlable input is labor. When 20 workers are hired, the average product of labor is 250 (cups/worker), and the marginal product of the 20h worker is 200 (cups/worker). The price of labor is $200 per worker. The cost of all foced inputs is $1000, Refer to Case 1. When 20 workers are hired, the marginal cost of coffee is $ per cup e 05 o 08 Question 6 1...
Question 7 1 pts A consequentialists prioritizes supporting key principles in making ethical decisions. True False...
Question 7 1 pts A consequentialists prioritizes supporting key principles in making ethical decisions. True False Question 8 2 pts Ethical decisions are matters of personal preference True False Question 9 1 pts Applying ethical principles, institutional policies, or other rules or guidelines is the first step for Shamoo and Resnik's Method for Ethical Decision Making True False
Question 26 1 pts Sometimes economists disagree because their values differ. Which of the following instances...
Question 26 1 pts Sometimes economists disagree because their values differ. Which of the following instances best reflects this source of disagreement? One economist believes the North American Free Trade Agreement (NAFTA) has led to a loss of American jobs; another economist disputes this claim. O One economist believes that when income taxes are cut, people will increase their spending; another economist believes that when income taxes are cut, people will increase their saving. O One economist advises against increases...
Question 16 1 pts Which of the following statements is not something that John Rawls would likely say about his views about economic justice? When choosing principles for society, rational people would choose a society that has the best conditions for those worst off. O We must address the least advantaged as being born to a certain socioeconomic status or in a certain country is an arbitrary "luck of the draw". For us to choose just principles of society, we...
QUESTION 19 This question, and the three questions that follow it, have to do with the following paragraph from John Rawls's A Theory of Justice. One should not be misled, then, by the somewhat unusual conditions which characterize the original position. The idea here is simply to make vivid to ourselves the restrictions that it seems reasonable to impose on arguments for principles of justice, and therefore on these principles themselves. Thus it seems reasonable and generally acceptable that no...
fundamentals of bios
D Question 4 1 pts When deciding if the distribution of a binomial random variable can be approximated using the Poisson Distribution, all of the following must be true EXCEPT O a. n is large O b. p is small О с. npenp(1-p) d. We are modeling incidence of disease
Question 9 1 pts The Total Product equation is as below: Q = 2L2 – 16L + 20 O The TP is maximum when L = 6 O The TP is maximum when L = 4 O The Marginal product is equal to 0 O The average product is positive when L = 4
Question 1 2 pts The CFO of Brain Capital Co is cautious when deciding whether to undertake a new potential project and therefore, she projects an optimistic, a realistic, and the most pessimistic outcomes that can happen. Which type of analysis is she using? O Sensitivity Analysis Scenario Analysis Rationing Analysis Simulation Testing Break-Even Analysis Question 2 3 pts At the accounting break-even point, Mountains and Lakes Co. sells 22,940 boots at a price of $19 each. The depreciation is...
Question 9 5 pts Corporate social responsibility may increase a business's reputation or goodwill. O True O False 5 pts Question 10 The first step in making an ethical decision is to understand the problem. True O False 5 pts D Question 11 Business ethics looks at whether business decisions o are right or wrong. O derive from well-known business principles. O follow legal doctrine. O align with corporate policy. D Question 12 5 pts Ethics focuses on how persons...
Question 5 1 pts Case 1. Suppose a coffee shop's only variable input is labor. When 20 workers are hired, the average product of labor is 250 (cups/worker), and the marginal product of the 20th worker is 200 (cups/worker). The price of labor is $200 per worker. The cost of all fixed inputs is $1000. Refer to Case 1. When 20 workers are hired, the marginal cost of coffee is $_per cup. O2 O 0.5 O 0.8 01 Question 6...
Question 5 1 pts Case 1. Suppose a coffee shop's only varlable input is labor. When 20 workers are hired, the average product of labor is 250 (cups/worker), and the marginal product of the 20h worker is 200 (cups/worker). The price of labor is $200 per worker. The cost of all foced inputs is $1000, Refer to Case 1. When 20 workers are hired, the marginal cost of coffee is $ per cup e 05 o 08 Question 6 1...
Question 7 1 pts A consequentialists prioritizes supporting key principles in making ethical decisions. True False Question 8 2 pts Ethical decisions are matters of personal preference True False Question 9 1 pts Applying ethical principles, institutional policies, or other rules or guidelines is the first step for Shamoo and Resnik's Method for Ethical Decision Making True False
Question 26 1 pts Sometimes economists disagree because their values differ. Which of the following instances best reflects this source of disagreement? One economist believes the North American Free Trade Agreement (NAFTA) has led to a loss of American jobs; another economist disputes this claim. O One economist believes that when income taxes are cut, people will increase their spending; another economist believes that when income taxes are cut, people will increase their saving. O One economist advises against increases...
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