Which of the Following Ethical Principles Is Based on the Fundamental

question 56

Multiple Choice

Which of the following ethical principles is based on the fundamental idea of "a command that admits no exception"?

• A) The categorical imperative
• B) The Doctrine of the Mean
• C) The disclosure rule
• D) The rights ethic

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Definitions:

Price Equal

A situation where the market price stabilizes, reaching a point where supply equals demand.

Marginal Cost

The extra financial burden of manufacturing one more unit of a product or service.

Natural Monopolies

A situation where a single firm can supply a product or service to an entire market at a lower cost than two or more firms, making competition impractical.

Diseconomies of Scale

A situation in which a company or business grows so large that the costs per unit increase.