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Sub part (a):
Define exploitation.
Sub part (a):
![Check Mark](/static/check-mark.png)
Explanation of Solution
The exploitation can be defined as, it is theaction of turning to account for selfish purposes, using for one’s own profit.
Concept introduction:
Exploitation: The act of using someone unfairly for your own advantage is termed as exploitation.
Sub part (b):
Define exploitation.
Sub part (b):
![Check Mark](/static/check-mark.png)
Explanation of Solution
Among the six cases, “someone asks you to donate a kidney but offers you nothing in return” is explain the exploitation situation.
Concept introduction:
Exploitation: The act of using someone unfairly for your own advantage is termed as exploitation.
Sub part (c):
Define exploitation.
Sub part (c):
![Check Mark](/static/check-mark.png)
Explanation of Solution
As per this definition, students are realizing that unfair has a very loose meaning. A key goal of this chapter is to introduce the students to three kinds of ethical theories like Rawlsian, utilitarian, and Nozickian.
Concept introduction:
Exploitation: The act of using someone unfairly for your own advantage is termed as exploitation.
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Chapter 21 Solutions
Modern Principles: Microeconomics
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