The Ethical Philosophies That Consider Actions as Good or Bad

question 27

Multiple Choice

The ethical philosophies that consider actions as good or bad regardless of their outcomes are

• A)The teleological ethical theories.
• B)Utilitarianism.
• C)Deontological theories of ethics.
• D)None of the above

---

Definitions:

Perfectly Inelastic

A market scenario where demand or supply does not change in response to price changes.

Industry's Demand

The total demand for all the products or services provided by a specific sector of the economy.

Marginal Decision Rule

A principle used in economics and decision-making that recommends comparing the additional benefits of a decision or action to its additional costs.

Downward Sloping

Characteristic of a graph indicating that as one variable increases, the other variable decreases, common in demand curves.