Under a Strict Utilitarian Approach,it Is Ethical to Force an Individual

question 2

True/False

Under a strict utilitarian approach,it is ethical to force an individual to participate in a painful medical experiment if the purpose of the experiment is to develop a cure that will benefit large numbers of people.

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Definitions:

Marginal Value

Additional benefit derived from purchasing one more unit of a good.

Consumer Surplus

The gap between the price consumers are ready to pay for a good or service and the price they actually incur.

Marginal Revenue

The surplus revenue acquired from the sale of one more unit of a good or service.

Profit Maximizing Output

The level of production at which a firm achieves the highest possible profit, determined by the point where marginal cost equals marginal revenue.