According to Ross's Theory, in Order to Know What to Do

question 3

Multiple Choice

According to Ross's theory, in order to know what to do when prima facie duties conflict, we must

• A) appeal to more fundamental moral principles.
• B) ask ourselves what a virtuous person would do.
• C) bring our experience and insight to bear on the case.
• D) think about a world in which everyone acted in the way we're considering.

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Definitions:

Marginal Revenue Curve

A graphical representation showing how marginal revenue varies with changes in the quantity of goods or services sold.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good consumers are willing to buy.

MR (Marginal Revenue)

The increase in revenue that results from selling one additional unit of a product or service.

MC (Marginal Cost)

The additional cost incurred in producing one more unit of a good or service.