Which of the Following Most Accurately Captures the Central Claim

question 57

Multiple Choice

Which of the following most accurately captures the central claim of Singer's paper?

• A) Giving to famine relief is morally noteworthy, but it is certainly not required
• B) Citizens of developed countries have a duty to provide famine relief because it is our excessive consumerism that has lead to global warming, and hence to their famine
• C) We ought to condemn those who indulge in luxury instead of giving to famine relief
• D) Excessive consumerism is the only way to improve the economic conditions for those living in poverty

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Definitions:

Competitive Price-Searcher

A firm that must actively seek out the best price for its goods or services due to the presence of many competitors and informed buyers.

Maximizing Profit

The process or strategy of increasing the difference between total revenue and total costs to achieve the highest possible financial gain.

Competitive Price-Searcher

A market condition where firms actively seek out prices that will maximize their profits in environments with some level of competition.

Positive Profit

Refers to the financial gain that occurs when the revenue generated from business activities exceeds the expenses, costs, and taxes needed to sustain the business.