Examlex

Solved

The Type of Muscle That Functions as a Sphincter Is

question 37

Multiple Choice

The type of muscle that functions as a sphincter is ________.

Explore the concept of ethical accountability for artificial entities such as corporations.
Analyze the philosophical basis and implications of central ethical concepts like the categorical imperative, the stakeholder model, and the social contract theory.
Delve into the criticisms of various ethical theories including utilitarianism and Kant's philosophy.
Understand the distinction between intuitionism, ethical relativism, and ethical fundamentalism.

Definitions:

Decreasing-Cost Industry

An industry where average costs decrease as the industry's output increases, often due to economies of scale.

Productive Efficiency

A situation when an economy or entity is operating at its maximum capacity, utilizing resources effectively to produce goods and services at the lowest possible cost.

Productive Efficiency

A situation where an economy or entity cannot produce more of one good without affecting the production of another good, utilizing all resources optimally.

Purely Competitive

A market structure characterized by a large number of sellers offering identical products, where no single seller can influence the market price.

Related Questions