Under the Principle of Beneficence

question 1

Multiple Choice

Under the principle of beneficence

• A) one should do good
• B) one should prevent evil
• C) one should be benevolent
• D) one should both do good and prevent evil

Distinguish Aristotle's ethical theory from other ethical theories focusing on duties, consequences, and character.

Comprehend and articulate the concept of quandary ethics and spheres of existence within Aristotle's philosophy.

Understand the basic principles of utilitarianism and its focus on maximizing happiness or well-being.

Identify the key figures in the development of utilitarianism and their contributions.

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Definitions:

Average Total Cost

The total cost of production divided by the number of units produced, including both fixed and variable costs.

Robot Hours

The amount of time robots are operational and performing tasks in place of human labor.

Cost-output Elasticity

Cost-output elasticity measures the responsiveness of the cost of production to changes in the quantity of output produced, indicating the scale economies in production.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.