Which of the Following Is a Characteristic of Rule Utilitarianism

question 57

Multiple Choice

Which of the following is a characteristic of rule utilitarianism?

• A) Actions can be judged good or bad based on rules and principles that are applied universally.
• B) An act is ethically right if the performance of similar acts by all similar agents would produce the best results in society or has done so in the past.
• C) An act is right or wrong on the basis of whether that individual act alone brings net happiness to society.
• D) Actions are evaluated as good or bad depending on whether they contribute to improving inherent human capacities such as intelligence, wisdom, and self-restraint.

Identify the point of diminishing returns.

Interpret production tables and figures to determine optimal production techniques.

Analyze the cost-minimization strategy of a firm based on the marginal product and price of inputs.

Understand how changes in input prices affect a firm's production choices.