Discuss Each of the Following Ethical Theories with Regard to Whether

question 11

Essay

Discuss each of the following ethical theories with regard to whether you accept or reject them for your own actions and decisions.
a.Intuitionism and the "Television Test."
b.Rule Utilitarianism.
c.Ethical Relativism.
d.Ethical Fundamentalism.
e.The deontological approach.f.Milton Friedman's ideas on corporate governance.

Understand how changes in prices of goods affect the budget constraint.

Interpret how changes in income level impact the budget constraint.

Analyze points on and off the budget constraint in terms of affordability and income spending.

Identify the effects of price changes on the consumption of goods.

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Definitions:

Disjunct

An element of a disjunction; a proposition or statement that forms part of an "or" statement in logic.

Tautology

A statement that is true by necessity or by virtue of its logical form, independent of the content of the proposition.

Negation

The operation that takes a proposition to its opposite in truth value, often denoted by "not."

Biconditional

A logical statement in which both parts imply each other; it is true when both parts have the same truth value.