According to Mill's Utilitarianism

question 4

Multiple Choice

According to Mill's utilitarianism

• A) rights are certain moral rules, the observance of which is of the utmost importance for the long-run, overall maximization of happiness.
• B) there are no moral rights.
• C) the rights possessed by human beings remain unchanged for all times and places.
• D) rights are those rules that a majority of the society would agree to behind the "veil of ignorance."

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Definitions:

Activity Bases

In cost accounting, refers to a measurable unit such as machine hours or labor hours that is used to assign costs to activities.

Quality Inspections

The process of reviewing and testing products to ensure they meet the required safety and quality standards.

Machine Setups

The preparation and adjustments made to a machine before starting a production run, including configuration for new products or batches.

Product Costs

The total costs directly tied to the creation of a product, encompassing direct labor, direct materials, and manufacturing overhead.