Which of the Following Is True of a Market Version

question 4

Multiple Choice

Which of the following is true of a market version of utilitarianism?

• A)Questions of safety and risk are determined by experts.
• B)Social science determines policies to maximize the overall good.
• C)Individuals calculate for themselves what risks they wish to take.
• D)A government regulator determines the safety standards in the marketplace.

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Definitions:

Dependent Variable

The variable in an experiment or study that is expected to change in response to changes in another variable known as the independent variable.

Independent Variable

A variable in an experiment that is manipulated or changed by the researcher to observe its effects on the dependent variable.

Least Squares Estimate

A statistical method used to minimize the sum of square differences between observed and estimated data points.

Dependent Variable

A variable in an experiment or model that is expected to change in response to changes in other variables.