Examlex

Solved

John, a Farmer, Thinks He Will Make a Profit Next

question 75

Multiple Choice

John, a farmer, thinks he will make a profit next year if the weather stays the same, if the price of his crop doesn't change, and if the price of fertilizer and seed does not change. An economist would say that this farmer thinking he will make a profit the following year is an example of


Definitions:

Free Of Ignorance

The state of having knowledge or being aware, lacking the absence of understanding or awareness.

Condemned To Be Free

A notion popularized by existentialist philosopher Jean-Paul Sartre, suggesting that with the absence of God or predetermined essence, humans are free to make their own choices, yet are responsible for these choices.

Jean-Paul Sartre

A 20th-century French existentialist philosopher, playwright, novelist, political activist, biographer, and literary critic, known for his works on existentialism and phenomenology.

Kant

Immanuel Kant, an 18th-century German philosopher whose work in epistemology, ethics, and aesthetics had a profound influence on modern thought.

Related Questions