Thomas Agrees with Kant That Willing an End Requires One

question 352

True/False

Thomas agrees with Kant that willing an end requires one to will the means to that end, and so if one cares about equality, one should be committed to bringing it about.

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Definitions:

Fair Return

The reasonable profit that a business can expect to make, considering the risk involved.

Pure Monopoly

A market structure where a single firm is the sole producer of a product or service with no close substitutes, giving it significant control over price.

Profit-maximizing Price

The price level at which a company can sell its product or service to maximize its profit, considering cost, demand, and competition.

Economic Profits

The excess of total revenue over total cost, including both explicit and implicit costs, reflecting the true profitability of a business.