Jack Must Decide Whether to Go Skiing or Work on the Weekend.He

question 122

Multiple Choice

Jack must decide whether to go skiing or work on the weekend.He decides to go skiing, which costs him $500.His opportunity cost of going skiing is:

• A)the number of hours needed to earn money to pay for the ski trip
• B)what else he could have done with his time if he was neither skiing nor working
• C)the danger that he will get injured while skiing
• D)how much he could have earned if he worked instead

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Definitions:

Greatest Good

A principle often associated with utilitarianism, which suggests that actions should be judged as morally right if they contribute to the highest good or happiness for the greatest number of people.

Moral Idealism

An ethical philosophy which considers certain actions as inherently right or wrong, regardless of their outcomes.

Utilitarianism

An ethical theory that posits the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.

Personal Moral Philosophies

Individual sets of beliefs and principles regarding what is right or wrong, guiding personal behavior and ethical decisions.