According to Utilitarianism, It Is Intrinsically Morally Right to

question 17

Multiple Choice

According to utilitarianism, it is intrinsically morally right to

• A) donate to charity.
• B) make someone happy.
• C) act in your self-interest.
• D) None of the above

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Definitions:

Net Sales

The total revenue a company receives from its activities after deducting returns, allowances for damaged or missing goods, and discounts.

Markup

The amount added to the cost price of goods to cover overhead and profit, expressed as a percentage of the cost.

Lower Of Cost

In accounting, a principle stating that inventory should be recorded at either its original cost or its market value, whichever is lower.

Market Value

Market value determines an item's current selling price in the marketplace, taking into consideration supply and demand factors.