Which of the Following Statements Is Characteristic of Utilitarianism

question 12

Multiple Choice

Which of the following statements is characteristic of utilitarianism?

• A)An extra dollar of income provides higher marginal utility to a poor person than to a rich person.
• B)Social policies should be created behind a "veil of ignorance."
• C)Society should strive to maximize the utility of its wealthiest member.
• D)Equality of opportunity is more important than equality of incomes.

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Definitions:

Deadbolt Locks

A locking mechanism distinct from spring bolt lock, offering more security by requiring a key or knob to move the lock into the locked and unlocked positions.

Materials Quantity Variance

The difference between the actual and standard quantity of materials used times the standard price.

Materials Price Variance

The difference between the actual price and standard price of raw materials times the actual quantity used or purchased.

Direct Materials Price Variance

The difference between the actual cost and standard cost of materials used in production.