The "Doctrine of Specificity" Implies That

question 139

Multiple Choice

The "doctrine of specificity" implies that

• A) cheaters will lie
• B) moral reasoning predicts specific moral behaviors
• C) moral behavior is specific to the situation
• D) most children are amoral creatures

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Definitions:

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.

Price Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in the price of that good.

Marginal Revenue

The additional income generated from selling one more unit of a good or service.

Target Market

The target market is a specific group of consumers at which a company aims its products and services, identified by demographic, geographic, or psychographic characteristics.