Which of the Following Must Be True in Order for the Argument

question 10

Multiple Choice

Which of the following must be true in order for the argument from expected benefit to succeed?

• A) Any time we act, we expect to be better off.
• B) Any time we act, we aim at making ourselves better off.
• C) Any time we act, we make ourselves better off in some way.
• D) Both a and b

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Definitions:

Cigarettes

Narrow cylindrical rolls of finely cut tobacco encased in paper, intended for smoking.

Supply Curve

A graphical representation that shows the relationship between the price of a good or service and the quantity of that good or service that suppliers are willing to offer for sale.

Perfectly Elastic

A situation in economics where the quantity demanded or supplied changes by an infinite amount in response to any change in price; horizontal demand or supply curve.

Elastic in the Long Run

Describes a situation where the quantity demanded or supplied of a good or service responds significantly to price changes over a longer period.