Multiple Choice

A university proposes a new program where students who fail a course can pay a substantial fee to have their grade officially changed to a 'Pass'. A proponent of the program argues that since the exchange is voluntary for both the student and the university, it should be permitted as it benefits both parties. Which of the following statements provides the most compelling objection based on the principle that introducing a market can degrade the intrinsic nature of a good or activity?

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Updated 2025-07-26

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