The Concept That Allows for an Unintended Bad Consequence as Long

question 57

Multiple Choice

The concept that allows for an unintended bad consequence as long as the means and end are good is called the:

• A)principle of double effect.
• B)ends-means theory.
• C)positive effect principle.
• D)intention-result corollary.

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Definitions:

Fixed Costs

Expenses that remain constant regardless of the level of production or business activity.

Operating Leverage

Refers to the extent to which a company uses fixed costs in its production process, impacting profitability with changes in sales volume.

Safety Margin

The difference between the actual level of performance or capacity and the minimum required level, serving as a buffer or contingency.

Labour-Intensive Firm

A company that requires a high level of labor input compared to capital investment in its operations.