A Consequentialist Theory May Define the Good as

question 24

Multiple Choice

A consequentialist theory may define the good as

• A) adherence to a moral code.
• B) doing one's duty for duty's sake.
• C) obedience to moral laws.
• D) pleasure, happiness, well-being, or flourishing.

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Definitions:

Selling Prices

The amount a customer pays to purchase a product or service from a seller.

Variable Costs

Expenses that vary with the amount of output or sales.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent or salaries.

Break-Even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.