"Do Not Impose on Other People What You Yourself Do

question 21

Multiple Choice

"Do not impose on other people what you yourself do not desire" is

• A)the Golden Rule.
• B)Confucius's Rule of Deference.
• C)Ayn Rand's principle of ethical egoism.
• D)the Principle of Utility.

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Definitions:

Output

The amount of goods or services produced by a company, industry, or economy within a specific period.

Production Function

A mathematical formula that describes the relationship between inputs used in production and the output of goods or services.

Returns To Scale

A concept in economics that describes the change in output as a result of a proportional change in all inputs.

Input

Resources used in the production process, including labor, materials, and capital.