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Author Archives: Anonymous

For Plato, justice means that people perform the duties asso…

For Plato, justice means that people perform the duties associated with their class.  

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In Egyptian society, moral behavior (acting in accordance wi…

In Egyptian society, moral behavior (acting in accordance with maat) could ensure a stable society where justice and truth would prevail over their opposites.  

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Ethics and morals are related to what is customary or to a c…

Ethics and morals are related to what is customary or to a custom.  

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Freud said that the ego is the part of us that integrates th…

Freud said that the ego is the part of us that integrates the conflicting demands of the id and superego.  

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Situations do not have the power to cause a person to act ag…

Situations do not have the power to cause a person to act against his or her wishes?  

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Competitive equilibrium analysis focuses primarily on:

Competitive equilibrium analysis focuses primarily on:

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The equilibrium allocation in a partial equilibrium environm…

The equilibrium allocation in a partial equilibrium environment determines all EXCEPT:

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Competitive equilibrium predicts outcomes assuming that:

Competitive equilibrium predicts outcomes assuming that:

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Consider a partial equilibrium environment. With utility fun…

Consider a partial equilibrium environment. With utility function U(m,q)=m+√q , production f(x)=√x and output price p. What is the equilibrium price in this market?

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The firm in partial equilibrium uses the numeraire as:

The firm in partial equilibrium uses the numeraire as:

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