The Ethics Theory That Is Low in Self-Interest and High

question 69

Multiple Choice

The ethics theory that is low in self-interest and high in concern for others is

• A) Utilitarianism.
• B) Altruism.
• C) Apathea.
• D) Ethical egoism.

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Definitions:

Direct Labor

The cost of wages for workers who are directly involved in producing goods or providing services.

Overhead

Indirect costs not directly associated with the production of goods or services, such as administrative expenses and rent.

Variable Production Costs

Variable production costs are expenses that vary directly with the level of production, such as raw materials and direct labor costs.

Fixed Costs

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance expenses.