Ethical Dilemmas Occur When

question 28

Multiple Choice

Ethical dilemmas occur when

• A)you know what you want to do but the rules say otherwise.
• B)businesses disregard the laws and engage in illegal behaviour.
• C)a person chooses to act in his/her own interest.
• D)a choice must be taken about appropriate behaviour.

---

Definitions:

Units of Quiche

The quantifiable amount of quiche, either in pieces or volume, considered in various contexts such as cooking or consumption.

Pure Exchange Economy

An economic model where individuals trade existing goods without the production of new goods, focusing on the redistribution of resources.

Utility Function

Represents a consumer's preferences by assigning a utility value to each possible choice, indicating the level of satisfaction or happiness derived from those choices.

Edgeworth Box

A diagram used in microeconomics to show the efficient distribution of resources between two individuals or the allocation of two goods in an economy.