The availability of a product or service goes down severely.
Answer:
This is a demand side market failure
Explanation:
Demand side market failure occurs when the business owner selling a particular product is not able to make the buyer pay for that particular product even though it may be in demand around that time.
Example are the Christmas decorations even though they are in demand around Christmas but the fact that they are decorating all over the most places, one can not charge people from looking and enjoying these decorations because they are usual all over the place .
Another example is also fireworks which are fired around Christmas everyone can enjoy them without having paid for them.
1. No Science can not provide a quick answer that would suffice the philosophers. Some examples of these questions is "What is a being?", "What do all these being have in common", "What is truth?" or "Is truth is even possible to achieve?"
2. Ethical Objectivism is the belief that the values and good are in itself intrinsic, thus requiring no outside dependence. This theory was developed by Ayn Rand. Many major religions in the world have this system their belief, or so called Moral Absolutism.
3. Casual possibility is the possibilities of things that will happen according to the current set of rules that rules the world, not only the law of logic but also the other sets of rules like the laws of Physics. It also considers the available resources and current circumstances that could cause the possibility.
Answer:
E. Laws were clearly broken
Explanation:
The cases of Enron and Madoff goes beyond ethics, because both of them are fully aware of their unethical behavior.
As for Madoff, he knowingly accept large sum of money from his unsuspecting investors, with the knowledge that he is not going to use their money for any legitimate investment, rather than a ponzi scheme which is considered as illegal. Bernie Madoff, was only conducting illegal business knowingly, by defrauding his clients for about $65 billion. He later pleaded guilty to 11 charges, some of which are:
Securities fraud, mail fraud, wire fraud, money laundering, theft from an employee benefit plan etc.
As for Enron, the company was also unethically practicing accounting fraud to cover for their illegal ways of feeding off from their unsuspecting stakeholders who had invested a huge amount of money of about $74 billions into the scheme.
