Act Utilitarianism

question 38

Multiple Choice

Act utilitarianism

• A) is another name for ethical formalism
• B) focuses on the happiness of the individual
• C) makes societal calculations related to long-term rules for similar situations
• D) ignores good versus evil questions

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Definitions:

Demand For Labor

The total amount of workers that employers are willing and able to hire at a given wage rate in the labor market.

Variable Inputs

Factors of production that can be adjusted in the short term to change the level of output, such as labor or raw materials.

Production Process

The sequence of steps or operations involved in the production and manufacture of goods or services, transforming inputs into finished products.

Supply Of Labor

The total hours that workers are willing and able to work at a given wage rate.