Examlex
In this reading we encounter St. Anselm's ontological argument for the existence of God and Gaunilo's reply. The argument goes like this: God is by definition "a being than which nothing greater can be conceived." If God, the greatest being that can be conceived, exists only in our minds, then there must be a being greater than God-that is, a God that exists in reality (an existing being is greater than an imaginary one). But this leads to a contradiction: A being greater than God is impossible. Therefore, God must exist in reality (as well as in the mind). Gaunilo replies that if Anselm's reasoning were sound, we could prove something ridiculous-namely, that the greatest island possible exists in reality.
-Gaunilo proves that there is such a thing as a perfect island.
Consumers
People or organizations that use economic goods and services for personal, household, or organizational purposes.
Price Ceilings
A legal maximum on the price at which a good can be sold, often set by government.
Sellers
Sellers are individuals or entities that offer goods or services in exchange for payment.
Price Ceilings
A legal maximum price set by the government for goods or services, intended to protect consumers by preventing prices from rising above a certain level.
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