According to Nozick

question 186

Multiple Choice

According to Nozick:

• A) there is no difference between forced kidney donation and redistributing wealth-both actions violate an individual's rights.
• B) capitalist production methods need to be constrained, especially if they lead to gross differences in wealth.
• C) wealth created from capitalism is unjustly acquired and thus deserving of taxation.
• D) it is natural for inequities in wealth to be eliminated by trade.

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Definitions:

Robinson-Patman Act

A United States federal law that prohibits anti-competitive practices by producers, specifically price discrimination.

Standard Markup Pricing

A pricing method that involves adding a fixed percentage to the cost of goods to determine their selling price.

Bait and Switch

A deceptive marketing practice wherein a company advertises a product at a low price to attract customers, only to persuade them to purchase a more expensive item when they arrive.

Deceptive Pricing

A misleading marketing practice where prices are presented in a way that falsely suggests a bargain, hiding the true costs involved.