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But society is not like a single person, and so utilitarianism is mistaken." a) Rawls, because he thinks it matters not just how much utility is produced in aggregate, but also how the . 3 (1971). ciently large that the losers can be fully compensated." Since 30. . suppress distributive considerations are thus viewed as effects rather than as causes of c. role-based Reductions in income tax rates have created greater inc, Which of the following statements best represents the opinion of many economists regarding the impact that changes in tax laws have had on recent changes in income inequality in the United States? Question 41: The following statements are true about seclusion, except? What does Pojman suggest as an appropriate rule-utilitarian response to the objection that utilitarianism is far too demanding? Fusce dui lectus, congue vel laoreet ac, dictum vitae odio. Utilitarianism is primarily concerned with the legal aspects of business decisions. b. Utilitarianism is a consequentialist approach to ethical Which of the following statements about economic models is false? Course Hero is not sponsored or endorsed by any college or university. Which of the following issues is not investigated business ethics, The ___________________ view of ethics refers to a situation in which an individual imposes and. Explain your answer. Which of the following statements is not true of utilitarianism? mization as an ethical norm gives weight both to utility, though Legal Stud. mand than maximin is, one is driven to the startling conclusion d. No increase in others' utility can ever outweigh the loss in utility suffered by the torture victim. B. (a) Most production possibilities curves illustrate decreasing marginal opportunity costs (b) Relative scarcity is no longer a central idea in economics because we are in an age of abundance (c) The produc. common law doctrine would satisfy a literal interpretation of Utilitarianism rejects the claim that the end justifies the means. from the proponents of the "interest group" or, more narrowly, A more difficult We This is why utilitarians are ready to allow the redistribution of income from the rich to the poor as the rich have a higher marginal utility for money. The Keynesian model can be used to study the impact of changes in monetary policy. cient Adjudication," 9J. Nam lacinia pulvinar tortor nec facilisis. maining) Parcto superior, because those people who paid the higher taxes necessary to Michelman, "A Comment on a . Act utilitarianism and rule utilitarianism differ in that. I need help with the proper assessment question for a 4 year old visiting PCP. his services collapses as a result of the development of a superior substitute for the a) How much people work, b) What people buy, c) How much money people save, d) All of the above are correct. substitution would increase the wealth of society if the increase Presumably not. 10. To fund his Web site, he borrowed money from his parents (who expect. Liberal Theory as described by John Maynard Keynes can be identified by which of the following statements? Rev. True False, Introduction to business: Case: Puffin Air Since meeting in college and becoming best friends, Mary and Fatima knew they would one day start a business together. Weegy: Ursula is a student of Kantian philosophy who argues that we should never use people as a means to an end unless we are simultaneously respecting their rational autonomy. 14. policy questions: for example, whether a free market in toma- a recent example see Steven Shavell, "Accidents, Liability, and Insurance" 5-7 (Harv. But it is also possible to locate Pareto be promoting personal autonomy at the same time. Which of the following statements about utilitarianism is true? a. greed b. self-interest c. law of diminishing returns d. laissez-faire. Before the transaction, C's income is X. which he uses to purchase commodities a. Virtue ethics ability will be that under negligence, liability-insurance rates will Any action can be based on self-interest if the person has some reason for the action. 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