Which of the Following Sociologists Made a Connection Between Protestant

question 35

Multiple Choice

Which of the following sociologists made a connection between Protestant ethics and "the spirit of capitalism"?

• A) Karl Marx
• B) Max Weber
• C) Amartya Sen
• D) Adam Smith

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Definitions:

Efficient Level

The point at which a system operates at maximum capacity without waste, producing optimal output with the lowest input.

Profit-Maximizing

A strategy or process used by firms to determine the output level and pricing that yields the highest possible profit.

Negative Externality

An adverse effect on a third party not directly involved in an economic transaction, often leading to market failure if not properly addressed.

Marginal Social Cost

The additional cost to society as a whole of producing one more unit of a good or service, including both private and external costs.