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Explain the output effect of a factor price increase.
Ethical Imperatives
Moral obligations or commands that are viewed as universally true and guiding principles of behavior.
Comparative Reasoning
The process of using what is more familiar to make interpretations, explanations, or inferences about what is less familiar.
Ideological Reasoning
The process of thinking that begins with abstractions or generalizations that express one’s core beliefs, concepts, values, or principles and proceeds to reason top down to specific applications. Ideological reasoning is deductive and axiomatic. The argument maker takes the ideological premises on faith.
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