For Some Products,quality Is Virtually Impossible to Determine Prior to Purchase.If

question 19

Multiple Choice

For some products,quality is virtually impossible to determine prior to purchase.If sellers of such commodities are rational,they will cheat or engage in unethical behavior only when:

• A)laws allow unethical behavior.
• B)the expected gains are greater than the expected costs.
• C)production exhibits positive externalities.
• D)the expected gains are equal to the expected costs.

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Definitions:

Ruling Class Culture

The norms, values, and lifestyle practices predominant among the most powerful social or economic class in a given society.

Total Institution

A place of residence and work where a large number of like-situated individuals, cut off from the wider community for a considerable time, together lead an enclosed, formally administered round of life.

Supervised

Being under the direction or oversight of someone else, often in a work or learning environment, to ensure tasks are completed correctly or to facilitate learning.

Seniors

Older adults, typically those age 65 and above, who are often considered to have distinct social, health, and economic needs.