Responsibilities on scale from more to less demanding

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Reference no: EM132124259

1. In this new world companies release expensive products on the market with no real value, I clearly understand that price is a perception and often does not have any relationship with the real cost of the product. If these new products have no real value, how are they able to command huge prices?

2. Philosophers distinguish between three different types of responsibilities on a scale from more to less demanding or binding. List and explain these responsibilities.

Reference no: EM132124259

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