Examlex
Which statement indicates a higher level of morality as classified in Kohlberg's moral development theory?
Consumer Satisfaction
A measure of how products and services supplied by a company meet or surpass customer expectation.
Diminishing Marginal Utility
The principle that as a person consumes more of a product, there is a decline in the additional satisfaction or utility that person derives from consuming one more unit of the product.
Equality-Efficiency Trade-Off
This concept deals with the balance or compromise between achieving a more equitable distribution of resources and maximizing economic efficiency.
Income Equality
A situation in which earnings are distributed evenly across members of a society, reducing income disparities.
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