What Political View Did Plato and Aristotle Share

question 24

Multiple Choice

What political view did Plato and Aristotle share?

• A) Democracy was the best form of government in an imperfect world because no single individual or group could, by definition, be considered superior to any other individual or group.
• B) A republic based on a system of checks and balances and made up of separate but equally powerful branches of government offered the best safeguard against tyranny.
• C) Athenian democracy was a bad form of government because it did not restrict decision making to the most educated and moderate citizens.
• D) Power always corrupted those who held it exclusively.

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Definitions:

Profit-maximizing Price

The price level at which a business can achieve the highest possible profits, given its cost structure and demand for its products.

Demand Curve

A graph that represents the relationship between the price of a good or service and the quantity demanded by consumers.

Cost Functions

Mathematical relationships expressing the cost of production as a function of the levels of various inputs.

Wheat Farmer

An individual or business involved in the cultivation of wheat as a primary crop.