Thomas Hobbes Argued That Private Property Was the Root of All

question 66

True/False

Thomas Hobbes argued that private property was the root of all evil. By taking this position, he became a forerunner of modern conflict theory.

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Definitions:

Variable Costs

Costs that vary directly with the level of production output or service delivery.

Mixed Costs

Costs comprising both constant and fluctuating elements, altering in aggregate with activity levels yet not in direct correlation.

Per Unit Basis

Calculations or measurements made by dividing the total by the number of units to find the amount corresponding to a single unit.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent and salaries.