How Is a Market Version of Utilitarianism Different from an Administrative

question 3

Multiple Choice

How is a market version of utilitarianism different from an administrative version?

• A)The market version ensures that experts establish the safety standards a business is expected to meet.
• B)The market version uses social sciences to predict consequences.
• C)The market version requires a government body to regulate business.
• D)The market version produces those goods that the consumers want.

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Definitions:

Consolidation

The act of merging various elements, especially financial accounts from different entities, into a comprehensive aggregate for reporting purposes.

Cum-dividend Basis

A way of pricing shares where the buyer is entitled to receive a declared dividend, as the purchase is made before the ex-dividend date.

Dividend

A payout made by a corporation to its shareholders, usually as a distribution of profits.

Parent Company

A company that owns more than half of another company's stock and usually has a significant influence over it, often holding a controlling interest.