The Marginal Principle Means

question 52

Multiple Choice

The marginal principle means:

• A)people will maximize their income or profits or satisfactions by counting only marginal benefits of a decision.
• B)people will maximize their income or profits or satisfactions by counting the total benefits of a decision.
• C)people will maximize their income or profits or satisfactions by counting none of the benefits of a decision.
• D)people will maximize their income or profits or satisfactions by counting the negative aspects of a decision.
• E)none of the above.

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Definitions:

Time Of Day

A specific moment during the 24-hour cycle, often used to reference the suitability or natural occurrence of events.

Morality

Principles concerning the distinction between right and wrong or good and bad behavior.

Virtuous Behavior

Actions that conform to moral and ethical principles; these behaviors are often associated with goodness and integrity.

Morality

Guidelines that differentiate between what is considered ethically correct and incorrect or between positive and negative conduct.