The Arrival of Michael Jordan, Larry Bird, and Magic Johnson

question 126

Multiple Choice

The arrival of Michael Jordan, Larry Bird, and Magic Johnson in the 1980s increased the popularity of professional basketball.What changes occurred in the market as a result?  

• A) an increase in the equilibrium quantity of professional basketball 
• B) a decrease in the equilibrium quantity of professional basketball 
• C) a decrease in the price of professional basketball tickets 
• D) a decrease in professional basketball players' salaries

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Definitions:

Moral Principles

Fundamental beliefs or rules that guide ethical decision-making and behavior, reflecting concepts of right and wrong.

Postconventional Stage

A level of moral development where individuals make ethical decisions based on universal principles and the common good.

Approval

The act of accepting or endorsing something as satisfactory or in accordance with one's standards or expectations.

Kohlberg

Refers to Lawrence Kohlberg, a psychologist known for his theory of moral development, which proposes stages through which individuals progress in their moral reasoning.