The Founders of Utilitarianism Include

question 245

Multiple Choice

The founders of utilitarianism include

• A)A. C. Pigou and John Maynard Keynes.
• B)Jeremy Bentham and John Stuart Mill.
• C)Augustin Cournot and Jean B. Say.
• D)A. Kondratieff and Thomas Malthus.

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Definitions:

Salvage Value

The estimated residual value of an asset at the end of its useful life, representing what it could be sold for or its scrap value.

Straight-Line

A depreciation method that equally spreads the cost of an asset over its useful life.

Annual Rate of Return

The yearly profit from an investment, expressed as a percentage of the original investment.

Quantitative Techniques

Mathematical or statistical methods applied for analyzing numerical data, often used in decision-making processes.