The Claim That There Are No Objective Truths

question 46

Multiple Choice

The claim that there are no objective truths

• A) has been well confirmed by social science.
• B) is so deep that we cannot say whether it is true or false.
• C) cannot possibly be true.
• D) cannot possibly be false.

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Definitions:

Subsidy

Financial assistance granted by the government or a public body to support businesses, reduce costs, and encourage economic activities.

Domestic Firms

Companies that operate primarily within the country of their incorporation, focusing on serving the local market.

Inefficient

Lacking in effectiveness or productivity, resulting in wasted resources or effort without achieving the desired output.

Economies Of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operation increases, leading to a lower cost per unit.