Mill Would Say an Action Is Moral If

question 21

Multiple Choice

Mill would say an action is moral if

• A) it is absolute
• B) it produces far more good than evil
• C) it is discretionary
• D) none of the above

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Definitions:

Price

The amount of money required to purchase a good or service, often determined by supply and demand in the market.

Demand

The quantity of a product or service that consumers are willing and able to buy at a given price over a specified period of time.

Price

The expenditure needed to secure a product, service, or piece of property.

Price-discriminating Monopolist

A monopolist that sells the same product at different prices to different groups of consumers, usually to maximize profits by capturing consumer surplus.