Moral Imperatives and Consumer Sovereignty Quiz
2 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

Why is supporting consumer sovereignty NOT a moral imperative?

  • God rewards wisdom with wealth, so we should be partial towards wealthy producers
  • God calls us to be impartial towards all, so we should favor neither producers or consumers under any circumstance (correct)
  • God requires us to provide justice only to the poor, so we need to be partial to poor consumers
  • God helps those who help themselves, so we should listen to the producer or consumer who makes the best argument for why they deserve an upper hand in trade
  • Why do cartels struggle to maintain their cartel status for long periods of time?

  • Because governments always side with consumers, to create more supply and competition between firms and substitute goods
  • Because consumers do not respond to price changes for their luxury goods
  • Because it is unprofitable to maintain their cooperation
  • Because it is likely that some member(s) of the cartel will cheat against the others (correct)
  • More Like This

    Kant's Categorical Imperatives in Ethics
    5 questions
    Ethics and Moral Imperatives Quiz
    40 questions
    Immanuel Kant and the Categorical Imperative
    10 questions
    Use Quizgecko on...
    Browser
    Browser