Ethics Is the Code of Moral Principles and Values That

question 46

True/False

Ethics is the code of moral principles and values that governs the behaviors of individuals or groups.

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Definitions:

Principle

A fundamental truth or proposition that serves as the foundation for a system of belief, behavior or reasoning.

Market Outcomes

The results of interactions between buyers and sellers in a market, determining price levels and quantities of goods and services exchanged.

Marginal Cost

The additional outlay required for the production of an extra unit of a product or service.

Automobile

A wheeled motor vehicle used for transportation, typically carrying passengers.