Why Is Appiah Skeptical of a Strict Analogy Between Family

question 54

Multiple Choice

Why is Appiah skeptical of a strict analogy between family and race?

• A) Because race is socially constructed, but family isn't
• B) Appiah isn't skeptical of such an analogy
• C) Because the family is a unit through which we live
• D) Because race is biological, and family has nothing to do with biology

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Definitions:

Rate of Return

The rise or fall in an investment's worth over a designated period, articulated as a percentage of the cost of the investment.

Natural Monopolies

Natural monopolies occur in industries where the costs of production are lowest when a single firm supplies all the output, such as utilities companies.

Welfare Loss

The decrease in economic efficiency that occurs when the optimal allocation of resources is not achieved, leading to a loss of total welfare.

Unregulated Monopoly

A market condition where a single company or entity exclusively controls a particular industry or service without any governmental restrictions or oversight.