What Is the Categorical Imperative

question 15

Multiple Choice

What is the categorical imperative?

• A) a principle for action in certain categories of situations
• B) an action-guiding statement that applies in all instances
• C) an expression of possible duties of action
• D) a desire to act virtuously

---

Definitions:

Quantity Sold

The total number of units of a product or service that have been purchased by customers in a specific time period.

Quantity Supplied

The total amount of a good that sellers are willing to sell at a given price over a specified period.

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded.

Demand

The quantity of a particular good or service that consumers are willing and able to purchase at various prices during a given period of time.