Ethics Texts Typically Focus on Ethical Issues and Give Little

question 27

Multiple Choice

Ethics texts typically focus on ethical issues and give little attention to ethical ________ and decision making.

• A) dilemmas
• B) theories
• C) predicaments
• D) quandaries.

---

Definitions:

Marginal Utility

The change in satisfaction or benefit derived by consuming an additional unit of a good or service.

Utility

In the field of economics, the complete enjoyment or benefit derived from the consumption of a product or service.

Consumer Surplus

The discrepancy between what consumers are prepared and capable of paying for a product or service and the actual amount they end up paying.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at different prices.