Failure by Market Structure Is Caused By

question 26

Multiple Choice

Failure by market structure is caused by:

• A) positive spillover effects.
• B) positive externalities.
• C) negative externalities.
• D) none of these.

Comprehend the importance of relationships and caring in moral decision-making.

Understand the criticisms of Gilligan's theory and its place within the broader context of ethical studies.

Distinguish between ethical theories focused on justice and those focused on care.

Realize the implications of considering relationships and connectedness in ethical decision-making.

---

Definitions:

Accumulated Amortization

The total amount of amortization expense that has been applied to intangible assets over time, reducing their book value on the balance sheet.

Intangible Assets

Assets that lack physical substance but have economic value due to rights, privileges, or advantages they confer to the business, such as patents, trademarks, and copyrights.

Amortized

The process of gradually reducing debt through regular payments over a set period, covering both the principal and interest.