Virtuous Action

question 109

Multiple Choice

Virtuous action

• A) Has a certain character.
• B) Is chosen for its own sake.
• C) Is done from a stable character.
• D) All of the above.

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Definitions:

Total Cost

The sum of fixed and variable costs incurred by a firm in producing a certain level of output.

Pollution Reduction

Efforts or strategies aimed at decreasing the amount of pollutants released into the environment.

Government Caps

Limits set by the government on the amount of a commodity or service that can be produced, sold, or used.

Pollution Permits

Licenses issued by governments that allow the holder to emit a certain amount of pollutants over a given time period.