When We Behave Unethically We Often Justify the Behavior to Protect

question 49

Multiple Choice

When we behave unethically we often justify the behavior to protect our ______ so that we do not have to feel bad.

• A)Personal Gain
• B)Self-Concept
• C)Personal Ability
• D)Self-Awareness

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Definitions:

Marginal Revenue

The additional income that is generated by selling one more unit of a product or service.

Nondiscriminating Monopolist

A monopolist that charges all consumers the same price for its product or service.

Demand Schedule

A table that shows the quantity of a product or service demanded at various prices.

Profit-maximizing

A strategy in business where the main goal is to increase profits to the highest possible level given the constraints of the market.