Which of the Following Ideas Describes the Concept of "Utilitarianism

question 118

Multiple Choice

Which of the following ideas describes the concept of "utilitarianism"? I.Utilitarianism was introduced in the 1930s.
II.Utilitarians believed that a society should strive to make as many people as happy as possible.
III.Utilitarians claimed that taking money from rich people and giving it to poorer people would not make an economy better off.

• A)I only
• B)II only
• C)I and III
• D)II and III
• E)I,II,and III

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Definitions:

Indirect Labor

Costs associated with employees who are not directly involved in the production of goods or services, such as maintenance and clerical staff.

Precision Drills

Specialized tools or equipment designed for creating holes with exact dimensions and tolerances.

Oil Exploration

The process of searching for underground or underwater oil reserves with the goal of drilling and extracting oil.

Standard Costs

Predetermined costs for manufacturing a product or providing a service, used as benchmarks to measure performance.