Which of the Following Is True of Ethics

question 89

Multiple Choice

Which of the following is true of ethics?

• A)Ethics and laws are the same.
• B)Laws and ethics clearly require or prohibit an action.
• C)Ethics are more subjective than laws.
• D)Laws are more a matter of personal or cultural interpretation,unlike ethics.

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Definitions:

Factors Of Production

The inputs used in the production of goods or services in the attempt to make an economic profit, including land, labor, capital, and entrepreneurship.

Input

Resources used in the production process, including labor, capital, materials, and energy.

Output

The final product or service produced from the input resources in a production process.

Function

In mathematics, a relation between a set of inputs and a set of permissible outputs with the property that each input is related to exactly one output.