Evaluate the Following Statement in the Context of Business-Stealing and Product-Variety

question 32

Essay

Evaluate the following statement in the context of business-stealing and product-variety externalities: "We have too many student apartments in this town already; statistics show that vacancy rates average 15 percent during any given semester."

---

Definitions:

Social Order

A concept pertaining to the set of norms, rules, and structures that guide how individuals within a society behave to maintain stability and predictability.

Moral Philosophies

The systematic examination of how people should behave toward one another, the justification of moral judgments, and the search for a principled basis for morality.

Teleology

An ethical theory that posits the moral value of an action is determined by its outcome, or end result, rather than the action itself.

Deontology

A branch of ethics that judges the morality of actions based on rules, focusing on adherence to duties or obligations.