What Assumption About Human Nature Can Be Drawn from Plato's

question 5

Multiple Choice

What assumption about human nature can be drawn from Plato's typology?

• A) Individual ambition is difficult to guard against.
• B) Individuals prefer to be governed by many rulers as opposed to one.
• C) Individuals prefer to be governed by one ruler instead of many.
• D) Unchecked by law, people will use power in their self-interest, not for the good for the community.

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Definitions:

Monopolistic Competition

A market structure characterized by many firms selling products that are similar but not identical, allowing for competition on factors other than price.

Pure Competition

A market structure characterized by a large number of sellers offering identical or very similar products, with no single seller able to influence prices.

Break-even Points

The level of production or sales at which total costs equal total revenue, resulting in no net loss or gain.

Small-business Consultants

Professionals offering expert advice to small businesses on various aspects, including management, marketing, and operational strategies to foster growth.