This Theory Focuses on the Moral Character of the Decision

question 12

Multiple Choice

This theory focuses on the moral character of the decision maker:

• A)Deontology
• B)Distributive Justice
• C)Utilitarianism
• D)Moral Imagination
• E)Virtue Ethics

Understand the concept of supply elasticity and how to calculate it using the midpoint formula.

Analyze how elasticity affects government tax revenue and the burden of taxes on producers and consumers.

Recognize the behavioral implications of elasticity in public policy, such as the effectiveness of sin taxes.

Interpret graphical representations of supply and demand curves, including shifts due to tax impositions.