Which of the Following Is Not a Principle Usually Included

question 37

Multiple Choice

Which of the following is not a principle usually included in principlism?

• A) The principle of beneficence
• B) The principle of maximization
• C) The principle of utility
• D) The principle of nonmaleficence

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Definitions:

Lawn-mowing

The action of cutting the grass in a yard or garden to maintain its appearance and health.

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogeneous product, freedom of entry and exit, and perfect knowledge.

Fixed Cost

Expenses that do not change in proportion to the activity of a business, such as rent or salaries.

Perfectly Competitive

A market structure characterized by many buyers and sellers, free entry and exit, homogenous products, and perfect information, leading to firms being price takers.