What Did British Philosopher Thomas Hobbes Mean by the Term

question 25

Multiple Choice

What did British philosopher Thomas Hobbes mean by the term "state of nature"?

• A) a belief that all people were basically good
• B) a belief that the laws of nature gave kings the right to rule by divine right
• C) life without any existing government
• D) a world in which people lived in harmony
• E) the idea that a society without government was best because it was how the "state of nature" intended things to be

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Definitions:

Diminishing Returns

A principle stating that as more of a variable input is added to fixed inputs, the additional output gained from each new unit of input eventually decreases.

Marginal Product

The additional output that can be produced by adding one more unit of a specific input, ceteris paribus.

Production Technique

The method or process used to convert inputs into outputs in manufacturing or service delivery.

Price of Labor

The wages or salary paid to workers for their labor, typically determined by the supply and demand for labor in the market.