What Are Virtues, and How (According to Virtue Ethics) Do

question 4

Essay

What are virtues, and how (according to virtue ethics) do we acquire them? Do you find this story plausible? Do you think it makes sense of who the moral exemplars are, and why they are role models? Defend your answers.

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Definitions:

Absorption Costing

A costing method that includes all manufacturing costs - direct materials, direct labor, and both variable and fixed overhead - as part of the cost of a produced unit.

Unit Product Cost

The total cost, including materials, labor, and overhead, divided by the number of units produced.

Year 2

Refers to the second year of a time-related context or sequence, not a standalone key term without additional context.

Contribution Margin

The amount of revenue remaining after subtracting variable costs, indicating how much contributes towards covering fixed costs and generating profit.