An Advocate of Utilitarianism Would Argue That an Extra $1000

question 96

Multiple Choice

An advocate of utilitarianism would argue that an extra $1000

• A) provides a greater increase in utility to a poor person than to a wealthy person.
• B) is of no value to the truly wealthy.
• C) provides the same increase in utility for both the wealthy and the poor.
• D) provides the same decrease in utility for both the wealthy and the poor.
• E) is taxed so heavily that the wealthy have little incentive to earn it.

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Definitions:

Transaction-Based

Referring to activities, processes, or systems that are triggered by transactions or exchanges between parties.

Process-Oriented

An approach that focuses on the processes within an organization as a means to achieve efficient results and improvement.

Inventory Turnover Effect

A measure of how quickly a company can sell its stock within a given period, indicating the efficiency of inventory management and sales performance.

Return on Investment

A measure of the gain or loss generated on an investment relative to the amount of money invested.