Which of the Following Scenarios Is an Example of Utilitarian

question 72

Multiple Choice

Which of the following scenarios is an example of utilitarian value?

• A) A child enjoying a ride on a merry-go-round
• B) A man hiring a housekeeping service
• C) A woman watching a street performance
• D) A man playing video games at a gaming kiosk

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Definitions:

Tax

A financial charge or levy imposed by a government or other authority to fund public expenditures.

Tax Burden

The measurement of how much of a tax's economic weight falls on an individual or economic entity, including both the direct and indirect effects.

Consumers

Individuals or groups who use goods and services generated within the economy, contributing to demand.

Perfectly Elastic

This term refers to a situation in demand or supply where the quantity demanded or supplied responds infinitely at a particular price level.