Question: Please help me answer these questions for my Ethics class: What concept refers to the social cost of producing one additional unit of a resource,
Please help me answer these questions for my Ethics class:
- What concept refers to the social cost of producing one additional unit of a resource, accounting for both negative and positive externalities? a) Intrinsic value b) Marginal social cost c) Peak production d) Hybrid approach
- What term refers to something valued for its own sake, not just its usefulness? a) Instrumental value b) Transaction cost c) Intrinsic value d) External cost
- What is the potential benefit of increasing access for persons with disabilities in the workplace? a) It will decrease competition for non-disabled individuals b) It will lead to lower labour costs c) It can unlock an untapped source of labour d) It will only create inconvinience for other emplyees.
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