According to Locke, Which Is False

question 77

Multiple Choice

According to Locke, which is false?

• A) Persons leave the state of nature by forming a social contract, political society, commonwealth
• B) In such political (contractual) society, the minority can sometimes legitimately override the opinion of the majority
• C) Only a person's own consent can put him into subjection to any earthly power
• D) Citizens' consent is often tacit as well as express

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Definitions:

Output

The total amount of goods or services produced by an individual, company, or economy.

Different Prices

A situation where a seller charges varying prices for the same product or service, often based on factors such as customer location, purchase volume, or demand elasticity.

Monopolistically Competitive

Refers to a market structure where many companies sell products that are similar but not identical, allowing for some degree of market power and product differentiation.

Minimizes Average Costs

Refers to the strategy or condition in which a firm operates at the lowest possible cost per unit, optimizing efficiency.