George's Shoe Store Buys and Sells Shoes in Pairs

question 19

Multiple Choice

George's shoe store buys and sells shoes in pairs.If George's isoquants are drawn with quantity of right shoes on the vertical axis and quantity of left shoes on the horizontal axis,what do they look like? They are:

• A) curves that get flatter as the number of left shoes increases.
• B) curves that get steeper as the number of left shoes increases.
• C) straight lines that have a negative slope.
• D) L-shaped.
• E) horizontal straight lines.

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Definitions:

Just Deserts

The concept of receiving a punishment or reward that is rightfully deserved.

Incapacitation

The state of being disabled or deprived of legal power or physical capabilities.

Retribution

A principle of justice that advocates for punishment to be proportional to the crime, serving as a form of moral vengeance.

Theory of Punishment

A set of principles discussing the rationale and justification for punishing individuals who break the law.