Explain the difference between intrinsic value and instrumental value, and give examples of things you take to be valuable in each way. Next, define hedonism. What does the hedonist claim is intrinsically valuable, and what does he claim is instrumentally valuable?

Intrinsic value- the value that something in itself has such as friendship and love.

Instrumental value, the value that something has because it helps us to get or achieve something else for example money.

Hedonism is the theory of well being, good for a person. A Hedonist believes that the only intrinsic value is happiness and the only instrumental value is all the things that can bring you happiness (enjoyment)

the correct answer is ) possibility.

demonstrating opportunity cost is done through production possibility.

the opportunity cost can be demonstrated using the production possibility frontier or curve. this graphic shows the total number of possibilities for two products when we have the resources needed and used in an efficient manner. the main resources could be money, labor, and technology. the curve shows that the production of one good increases when the production of the othe

according to classical republican political theory, which democratic republics would function best?

a.   small republics, with people who had similar interests

b.   large republics, with people who had competing interests

c.   republics made up entirely of landowners

d.   republics made up entirely of servants