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Many Codes of Ethics Attempt to Alter or Reinforce Standards

Question 6

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Many codes of ethics attempt to alter or reinforce standards of behavior.An economist wouldn't argue with the codes but would probably note that:


A) the codes need to be universally accepted in order to be effective.
B) codes will never help under any circumstance.
C) designing an organizational architecture with proper incentives is more important.
D) the laws of supply and demand usually require that codes of ethical behavior are tertiary artifacts.

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