When the Value of Any Pleasure or Pain Is Considered

question 54

Multiple Choice

When the value of any pleasure or pain is considered for the purpose of estimating the tendency of any act by which it is produced, there are two circumstances that must be taken into account.These include

• A)fecundity and purity
• B)intensity and duration
• C)certainty and propinquity
• D)extent and remoteness

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Definitions:

Quality Performance

The degree to which a product or service meets customer expectations and industry standards.

Internal Failure Costs

Costs incurred to rectify defects found before the delivery of a product to the customer, part of quality control expenses.

Defective Products

Items that fail to meet quality standards or specifications and are therefore unsuitable for sale or use.

Services

Activities provided by one party to another, often in exchange for payment, which do not result in ownership of anything. They are intangible and can vary greatly in nature.