Which of the Following Is an Accurate Statement

question 26

Multiple Choice

Which of the following is an accurate statement?

• A)Adam Smith defends capitalism by appealing to the idea of a natural,moral right to property.
• B)Adam Smith denies that human beings are,by nature,acquisitive creatures.
• C)A common defense of capitalism is the argument that people have a fundamental moral right to property and that our capitalist system is simply the outcome of this natural right.
• D)Utilitarians oppose capitalism in principle.

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Definitions:

Long-Lived Assets

Assets intended for use over an extended time, typically including property, plant, and equipment.

Machinery And Equipment

Long-term assets used in the production process, representing a significant investment that contributes to a company's operational capabilities.

Long-Lived Assets

Assets that have a useful life of more than one year, used in the operation of a company and are not intended for sale, including property, plant, and equipment.

Machinery And Equipment

Fixed assets used in the operation of a business to produce goods and services, typically having a useful life longer than one year.