If Libertarianism Is True,which of These Statements Is True

question 30

Multiple Choice

If libertarianism is true,which of these statements is true?

• A)We should endorse utilitarianism's concern for total social well-being.
• B)Pleasure takes priority over any other moral concern.
• C)We should have a "night-watchman" state.
• D)If a person comes into possession of a holding through a legitimate transfer,then,morally speaking,she or he deserves that holding.

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Definitions:

Low Price

The situation or strategy where the cost of a good or service is set below the average market price to attract consumers or gain market share.

Prisoners Dilemma

A paradox in decision analysis in which two individuals acting in their own self-interest pursue a course of action that does not result in the ideal outcome for either party.

Rational Choices

Decision-making based on logical evaluation of outcomes and choosing the option that maximizes benefit or utility.

Inefficient Outcomes

Situations in which resources are not allocated optimally, leading to lost potential welfare or value.