A Major Difference Between the Ideas of Thomas Hobbes and John

question 53

Multiple Choice

A major difference between the ideas of Thomas Hobbes and John Locke was that

• A)Locke rejected the idea of a social contract.
• B)Locke thought that humans live peacefully in the state of nature.
• C)Hobbes believed that the ruled have no right to rebel against the sovereign.
• D)Hobbes rejected private property.
• E)Locke rejected private property.

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Definitions:

Market Acceptance

The degree to which a new product or service is accepted and purchased by customers in the market.

Variable Cost

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.

Fixed Cost

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums.

Variable Cost

Costs that change in proportion to the level of production or business activity.