According to O'Neill, to Use Someone as a Mere Means

question 11

Multiple Choice

According to O'Neill, to use someone as a mere means is

• A) to seek to profit from them in some way.
• B) to put one's own interests before theirs.
• C) to use them in a way to which they could not in principle consent.
• D) All of the above

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Definitions:

Profit Maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by the point where marginal cost equals marginal revenue.

Demand Curve

A graphic representation showing how the quantity demanded of a good or service varies with its price.

Marginal Cost

The hike in complete costing that comes with the fabrication of an additional unit of a good or service.

Competitive Buyer

A buyer in a market who cannot influence the market price and takes the price as given.