How Does Bentham Think That His Method for Calculating the Value

question 992

Multiple Choice

How does Bentham think that his method for calculating the value of a pleasure or pain compares to the way people normally calculate the value of something?

• A) His method is an innovation that will replace the misguided way that people have previously used to calculate the value of anything.
• B) His method is the application to ethics of the new methods being developed by the early economists of Bentham's day.
• C) His method is one among many existing methods for calculating values, each of which is useful for certain purposes.
• D) His method is essentially the same as the method people use to calculate the value of anything.

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Definitions:

Stock Dividend

A distribution of additional shares of a company's stock to its shareholders, usually in proportion to their existing holdings, instead of paying a cash dividend.

Small Stock Dividend

A dividend paid in the form of additional stock shares rather than cash, usually less than 20-25% of the existing shares.

Common Stock Dividends Distributable

An amount declared by a company’s board of directors to be distributed to common stockholders, recorded as a liability until paid.

Paid-in Capital

The amount of capital "paid in" by investors during common or preferred stock issuances, including the par value of the shares.