A Technological Improvement Is Represented by

question 80

Multiple Choice

A technological improvement is represented by

• A)an outward shift of the production possibilities frontier.
• B)a movement along the production possibilities frontier.
• C)a point inside the production possibilities frontier.
• D)a point outside the production possibilities frontier.
• E)a movement from a point inside the production possibilities frontier to a point on the production possibilities frontier.

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Definitions:

Ethical Principles

Fundamental guidelines in ethics that inform and guide moral conduct in various fields and situations.

Ethical Codes

A set of guidelines designed to set out acceptable behaviors for members of a particular group, organization, or profession.

Dilemma

A dilemma is a situation requiring a choice between two equally undesirable alternatives or posing a difficult problem seemingly without a satisfactory solution.

Intrinsically Good

Something that is good in and of itself, valued for its own sake rather than for its outcomes or consequences.