Wolff Sets Forth a Version of Anarchism, Holding That All

question 9

Multiple Choice

Wolff sets forth a version of anarchism, holding that all forms of government violate our overriding duty to act autonomously. Wolff's argument (and essay) can be divided into two parts. In the first he describes the meaning of political authority, distinguishing it from mere power. In the second part he defines autonomy and argues that it is incompatible with accepting authority.
-According to Wolff, the fundamental assumption of moral philosophy is that men are

• A) bound by authority.
• B) guided by universal law.
• C) without free will.
• D) responsible for their actions.

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Definitions:

Total Cost

The entire cost of production including both fixed and variable costs.

Marginal Cost

The upsurge in total financial outlay occasioned by the production of one supplementary unit of a product or service.

Marginal Revenue

The additional revenue that a firm gains when it sells one more unit of a product.

Monopolist's Profits

The excess earnings a monopolist achieves by setting the price above marginal cost due to lack of competition.