As a Proponent of Utilitarianism, Jeremy Bentham Believed That the Morality

question 18

Multiple Choice

As a proponent of utilitarianism, Jeremy Bentham believed that the morality of an action should be determined by:

• A)whether it enriches the person committing the act.
• B)how much it contributes to the good of the majority.
• C)how closely it aligns with one's religious upbringing.
• D)how closely it aligns with the law.

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Definitions:

Marginal Cost

Marginal cost is the cost of producing one additional unit of a product, which varies depending on the level of production and can have a significant impact on pricing and production decisions.

Finance Professor

An academic expert specializing in teaching and research related to financial markets, instruments, and institutions.

Marginal Cost

The additional cost incurred from producing one more unit of a product or service.

Marginal Benefit

The boost in satisfaction or utility experienced upon consuming one more unit of a particular good or service.