Suppose Legal Guidelines Have Been Adopted to Allow Parents to Give

question 22

Multiple Choice

Suppose legal guidelines have been adopted to allow parents to give consent for children to be killed if they are suffering from severe pain and are terminally ill.The moral principle of ________ could be used to argue for the guidelines,and the principle of ________ could be used to argue against them.

• A)beneficence;right to life
• B)utility;autonomy
• C)autonomy;right to extraordinary means to save a life
• D)justice;triage

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Definitions:

Purely Competitive Market

A market structure characterized by many buyers and sellers, homogenous products, and free entry and exit, leading to price determination by supply and demand forces.

Least Costly Combination

Refers to an economic principle where firms choose a mix of inputs (labor, capital, etc.) that minimizes their costs while producing a given level of output.

Wage Rates

The standard amount of compensation paid to employees for their labor per unit of time or piece of work completed.

Labor Demand

The total amount of hours worked that employers are willing to hire at a given wage rate, in a given time period.